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Canada's Debt-Driven Growth Strategy | Vancouver News

Canada's Debt-Driven Growth Strategy | Vancouver News

Published 1 day, 17 hours ago
Description

Canada’s government is fueling big spending with a risky blend of economic optimism and ballooning debt, as Finance Minister François-Philippe Champagne defends investments in trade, defense, and housing — despite economists warning that long-term gains won’t show up fast and that reliance on growth forecasts could leave the country exposed. With national debt hitting $1.27 trillion — half of it in just five years — and a $80 billion submarine program on the horizon, the government pushes forward while inviting public input on the budget until September 8th.

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