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How can Canada keep spending like this when we’re already paying a billion dollars a week just in interest on the debt?

Mark Carney stood in Winnipeg and got asked a simple question


By CFP Videos -- Sue Sproule——--November 9, 2026

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His answer? We have the strongest position of any advanced economy in the world.

A billion dollars a week. That’s over fifty billion a year. Every single dollar of that comes out of taxes. The same taxes people are already stretching to cover their mortgage, their insurance, and groceries.

He was talking about how we look compared to other countries. But when your own mortgage rate jumps, or when your kids end up paying for this later, that’s real money coming out of real pockets.

So when your housing costs go up, does that “strong position” actually help you?


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