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Canada's debt level and fiscal policy sustainable over long term: parliamentary budget officer

Canada's debt level and fiscal policy sustainable over long term: parliamentary budget officer

The says Canada's current fiscal policy is sustainable over the long term. The 's latest fiscal sustainability report finds that Canada's overall debt level is projected to decline steadily over time. At the federal level, the report says, the government could permanently increase spending or reduce taxes by 1.8 per cent of GDP and remain fiscally viable. That amounts to $45 billion in current dollars. Our award-winning journalists bring you the news that impacts you, Canada, and the world. Don't miss out. "It's generally a pretty good news story overall, for the fiscal outlook for Canada,"...

Jul 29
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