A new forecast frames the Liberal’s 2021 budget as a risky gamble for future economic growth, where debt levels as a percentage of GDP are expected to continue ticking upwards.
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 todayCanada Latest News, Canada Headlines
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'A roll of the dice': New report raises alarm over mounting federal debts as Ottawa seeks economic growthAccording 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
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