Government Debt

• U.S. debt ceiling: Treasury buys time for Biden and GOP on deal

  The Treasury Department projects that the federal government will on Thursday reach its legal borrowing capacity of $38.381 trillion.

  U.S. News

  Jan 19, 2023
  
• Household debt ratio drops to 158% of disposable income, down from 175%

  Meanwhile, the household saving rate spike to 28 per cent.

  Money

  Sep 11, 2020
  
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• The Liberals promised deficits to boost growth, but the economy is doing just fine on its own

  Infrastructure spending may not boost growth but is still a good idea, many economists say

  Money

  Apr 13, 2017
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• Reality Check: Is Ontario’s debt really that bad?

  Ontario owes around $300 billion, the most of any province in Canada. Will it hit a debt wall?

  Canada

  Jul 25, 2016
• Watchdog rips into Liberal budget, calling it incomplete

  The Parliamentary Budget Officer has released its assessment of the recent federal budget, and it's not very flattering.

  Money

  Apr 6, 2016
• Government debt set to hit $1.3 trillion in 2016: study

  The Fraser Institute’s Cost of Government Debt in Canada study suggests provincial and federal government debt in Canada is set to top $1.3 trillion in 2016.

  Canada

  Jan 5, 2016