According to the Canadian Taxpayer Federation’s National Debt Clock, we are mere days away from being a country that is over a trillion dollars in debt. It could happen by Christmas day. Right now we are over 993 billion dollars in debt and the CTF says our national debt grows at a rate of over a billion dollars a day. The Federation says the federal Liberal government has taken the federal deficit from $19 billion to $381 billion in just nine months.
A report from the Macdonald-Laurier Institute condemns the federal government’s pandemic income support program, saying the overspending has indebted the country without helping those who need it most.
Trillion Dollar National Debt by Christmas
Dec 17, 2020 | 6:55 AM