'A roll of the dice': New report raises alarm over mounting federal debts as Ottawa seeks economic growth

  • 📰 nationalpost
  • ⏱ Reading Time:
  • 8 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 80%

Canada Headlines News

Canada Latest News,Canada Headlines

According to C.D. Howe’s baseline scenario, Ottawa’s debt\u002Dto\u002DGDP ratio will increase to 60 per cent by 2055, or roughly 10 per cent higher than today

According to C.D. Howe’s baseline scenario, Ottawa’s debt-to-GDP ratio will increase to 60 per cent by 2055, or roughly 10 per cent higher than today.

According to C.D. Howe’s baseline scenario, Ottawa’s debt-to-GDP ratio will increase to 60 per cent by 2055, or roughly 10 per cent higher than today

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Tax em all pay out a few

Your economic growth depends on corporations. Meaning you must do anything they ask ,Cut wages, worse working conditions, less health and safety.Basically have to create China 1970s conditions Working towards becoming a developing country. Awesome. 1960 canada was 1. Now 49

It took a new report to figure that out? Maybe everyone is blind.

The Liberals are ABSOLUTELY going to send Canada into 3rd world country status. Just take 5 minutes to look at Canada’s finances. And he is still throwing money around to get re-elected. Shameful

Well Canadians will get a large increase in all taxes,since these 2 are in charge of our economy and they are borrowed Canada into oblivion

Handsome couple

Now it is snowing in Brasil, the desert is going under the water in Oman, Pakistan is turning into a river, Shanghai is a real.ocean port now, Germany Belgium France Netherlands flooding. Canada & the USA are on fire. But we shoukd sacrifice to the Lord god Economics, right?

Trudeau and Friland are the same like Biden and Harris. Talking, talking and only talking. No visible effects, nowhere. God help North America…z

WHY JUSTIN CAN HAVE AN OTHER VITE THIS IS A GAME HE IS PLAYING WITH CANADA???THE KING AND QUEEN OF ENGLANC NEED TO BE ARRESSTED FOR KILLING PEOPLE IN CANADA BEFORE IT WAS CANADA===THEY CAME AND DID BAD THINGS TO THIS PEOPLE==

I WANT A CRIINAL INVESTIGATION,,OF M,Y HIGHSCHOOL TEACHER==IT WAS RUN BY THE CATHOLIC SCHOOL SYSTEM==IHE THE TEACHER WAS A WORK PLACE BULLY CALL===6476563935 AFTER 2PM TILL9PM NO TEXT==TORT LIABIL;ITY

Can’t wait for the interest rates to balloon …public service cuts ahoy !

The government doled out billions, much of which went to people and companies who didn't need it. They never had a plan for economic growth, and now here we are wallowing in debt.

Canada is broke, it has a swap line from the IMF.

At this point, invest the government revenues in bitcoin and other cryptocurrencies may have a better chance to get Canada out of debts

While Shambhavi Anand knowingly broke 🇮🇳abortion law(20wks)TWICE(6 & 7mnths-A Criminal Offense)aborted 7mnths alive girl child then fled 2🇨🇦 BrockUniversity GoodmanSchool 2 be 'Future Business Leader' financialpost CatSzeltner RightToLifeAust cdnpoli

Gee, the pandemic caused the national debt to rise as the Trudeau govt used tax payer money so that citizens and businesses could survive. It's a scandal for the National Enquirer Post. Ho hum. cdnpoli Postmediahacks

Do the good times last forever? Unlikely. Skippy is running up.a tab that all milenials and gen z's are going to pay for ...for a long long time with reduced services for all those taxes. Co-pay for your hospital visits. Monthly garbage pick ups topoli onpoli cdnpoli bcpoli

Liberal's crippling Canada. The spending spree to buy votes is not sustainable and higher Taxes on Canadian Families will follow to cover it. Liberal's promise everything and deliver on nothing but crushing debt for Canadian Families.

When those only suitable for government work get government work. And government is the answer to everything. When will the insanity end?

7 of Canada’s 13 premiers asked Ottawa to increase its annual share of health funding, from 22% of the total to 35%, starting with a $28-billion injection in the coming federal budget. Trudeau: NO $$ FOR HEALTHCARE-🇨🇦 Only for LPC donor🍸$-illionaires-

There will be no food to eat in the next 3 years because of capitalism. The children will die in a burning hell because of capitalists. For Profit is your god and you are following it to hell. You are taking the children with you and they do not want to die in hell .. for you.

You nat posters and your focus on cash worship are quite insane. You, collectively, who think capitalism is worth your worship have ignored the fact that capitalism is CANCER. It KILLS EVERY living system it encounters, for your profit. You have killed us all with your greed

savoirfaire_2 Yawn. Yet another tiresome report from the CD Howe Institute. Colour me surprised.

Looks like 40 years of outsourcing manufacturing jobs and 15 years of outsourcing certain service sector jobs didn't work.

Gee, ya think After all the money that was thrown around?

Whatever happened to the budget balancing itself?

Who would of thought that such luxury for so few was so expensive for everyone. In the end, no accountability will come of this. Politicians always walk away, the simple folk stuck with the bills.

We had to spend money to get through COVID but now we have to tighten the belt a little. This spending spree by all governments across Canada is going to become a disaster at some point.

'Ottawa' LOLOLOLOLOLOLOL TrudeauVaccineFailure WhereIsTheMoneyCatherine ? MagicKingdom PeterPanPM Team Train Wreck! 🧦🇨🇦 ❄️😜🤡🎈 And Repeat Over & Over & Over & Over....

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 10. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Without fiscal course correction, Ottawa could be posting deficits until 2070, PBO saysNew permanent federal spending programs and drastically weakened fiscal positions in the provinces has substantially extended the timeline for a return to… China will own us long before then ... What’s more horrifying? That amount of deficit or the liberals in power that long? Freeland is no more competent now then she was then:
Source: nationalpost - 🏆 10. / 80 Read more »

Ottawa Senators Michael Del Zotto - TSN.caThe Ottawa Senators signed defenceman Michael Del Zotto to a two-year, $4 million contract on Wednesday. The contract will carry an average annual value of $2 million. But why.... Haha ! Why ? Why?
Source: TSN_Sports - 🏆 80. / 51 Read more »

Quebec reports 133 new COVID-19 cases, no deathsQuebec reports 133 new cases of COVID-19, no deaths as hospitalizations drop. Quebec has 864 reported active cases Now do japan Tokyo2020 CancelTokyoOlympics 4thwave is too high to keep Olympic surfing
Source: globeandmail - 🏆 5. / 92 Read more »

Court nixes new trial for 'Making a Murderer' subject Steven Avery
Source: CTVNews - 🏆 1. / 99 Read more »