If interest rates exceed economic growth rates, debt becomes unstable.
Other Topics
This year's federal per-person debt level is more than 25 per cent higher than in 2019.
Gasoline prices were rising before Russia invaded Ukraine.
The territory ranked among the world's top 10 most-attractive mining jurisdictions.
Alberta’s fiscal improvement is good news, but without significant policy changes, it will only last so long as commodity prices stay high.
At the provincial level, an aging population is putting upward pressure on health-care spending.
The federal and provincial governments will run combined deficits of $86 billion in 2022.
The average Nova Scotia family will pay more than 44 per cent of their income on taxes this year.
So-called "stimulus spending" displaces future private spending and reduces future economic growth.
Persistent labour shortages are helping drive up costs.
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