Federal, provincial and household debt push Canada’s debt-to-GDP ratio over 280 percent
Consumer debt topped $2.25 trillion in June. Add this to federal and provincial debt and Canada’s debt-to-GDP ratio sky-rockets to 281%.
Five things Canadian politicians will say before they waste your money
Canadian politicians have certain cliché lines they use to try to excuse their overspending of taxpayer’s money.
A fifth of Canadians think they’ll never go debt free
A fifth of Canadians do not expect to ever escape debt in their lifetime.
Bank of Canada holds key lending rate firm amidst domestic, global uncertainty
As the American economy continues to outperform our own, Bank of Canada has little good news on Canada’s performance improving.
FRIGHTENING DEBT: Ontario man makes cemetery to highlight Canadian debt
A concerned Canadian puts up a national debt cemetery on his front lawn to raise awareness of Canada’s massive national debt.