Fraser Institute News Release: Ottawa’s additional spending pre-COVID led to $160 billion in debt

Fraser Institute News Release: Ottawa’s additional spending pre-COVID led to $160 billion in debt

CALGARY, Alberta, March 01, 2022 (GLOBE NEWSWIRE) — Federal finances heading into the COVID-19 pandemic were already weakened due to $160 billion in debt accumulation, above and beyond the debt that would have been incurred if the growth in spending had been restrained to the rate of economic growth…