debt burden

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Federal debt accumulation will disproportionately burden younger Canadians

Over a two-year span, Ottawa is expected to add more than $500 billion in federal debt.

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Reality check—the dangers of debt accumulation

Canada's total government debt now equals 107 per cent of GDP.

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Premier Philippe Couillard recently declared that government finances and the economy are his top priorities, stating that “the goal is clear: consolidation of public finances and economic re-launch.” This is laudable.

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A new report on provincial debts and deficits by Moody's, the international credit rating agency, is another piercing reminder of Ontario's serious fiscal challenges.

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It has been more than two years since an independent commission submitted its report to the Ontario government on the province’s poor public finances and high government debt.