Canada's debt crisis: Is the federal debt as bad as it appears?

  • Is Canada's national debt out of control? Should you be concerned?
    According to the International Monetary Fund, Canada has the lowest federal debt relative to the national economy of all G7 nations.
    Despite confidence in Canada's debt load, some experts have concerns with how the federal debt breaks down per person.
    Under Prime Minister Justin Trudeau's government, the national debt has grown steadily, up $73 billion since taking office.
    The federal debt under Trudeau hasn't reached the historic high, seen in 1995, but it continues to grow, causing concern over what restructuring might need to be taken to address the country's money issues, and questions about how it could affect the 2019 federal election.
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