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0:05
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Montreal Economic Institute
28 reactions · 20 shares | Here's our new Canadian debt clock! Canada’s federal debt has now reached over 1 trillion dollars. This is the equivalent of $26,839 of debt per
Here's our new Canadian debt clock! Canada’s federal debt has now reached over 1 trillion dollars. This is the equivalent of $26,839 of debt per...
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3 weeks ago
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--> 447 million each day will be added to the debt burden by March 31, 2022. --> 154.7 billion is added to the net federal debt, bringing it to $1333.6 billion by 2022. For more explanation: https://www.iedm.org/canadian-debt-clock/ | Montreal Economic Institute
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Canadian households are more in debt than those in any other G7 country, and the amount they owe is now more than the value of the country's entire economy. Seventy-five per cent of the amount Canadians borrow went to mortgages or secondary properties. Read more: www.cbc.ca/1.6852027 | CBC News
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