Banks in Canada Warn Over Trudeau Inflation and Unsustainable Debt

Banks and economists in Canada warn that Prime Minister Justin Trudeau’s plan to increase annual spending by billions of dollars will lead to unsustainable debt, especially if economic growth is weaker than expected. To compete with the US Inflation Reduction Act, Finance Minister Chrystia Freeland’s latest budget added C$43 billion ($32 billion) in net new … Continue reading Banks in Canada Warn Over Trudeau Inflation and Unsustainable Debt