Canada Had Largest Debt Increase Among G7 Countries Over Last Decade: Fraser Institute

Canada Had Largest Debt Increase Among G7 Countries Over Last Decade: Fraser Institute

Canada’s total government debt has grown substantially since 2014 and has outpaced nearly every other advanced country’s around the world, according to a new study from the Fraser Institute. The study, “The Deterioration of Canada’s Finances Internationally” released May 15, compared Canada’s finances during the last 10 years to that of 40 other advanced countries internationally, including G7 countries. The authors found that Canada experienced…

Canada leads G7 in debt and government spending growth

Source: RawpixelAuthor: Clayton DeMaineCanada measured the largest increase in government spending and debt burden among G7 countries and nearly the highest among advanced countries over the last 10 years.A recent study by the Fraser Institute found that Canada’s growth in debt burden and government size outpaced “virtually every” advanced country in the world. Between 2014 and 2024, Canada saw a 6.3 per cent increase in government spending and …

Canada had third-largest increase in total government debt (relative to the economy) among 40 high-income countries

Since 2014, Canada's total government debt including federal, provincial and local governments has exploded, finds a new study published by the Fraser Institute, an independent, non-partisan Canad. . .