"Under credible economic assumptions we project that the federal debt-to-GDP ratio could easily rise further above current peak levels associated with the pandemic. The combined federal-provincial net debt ratio may cross 100 percent of GDP before 2040, on its way past 140 percent by 2055. Even under the Budget 2021 favourable scenario the combined net debt burden would almost reach 100 percent of GDP by the end of the projection period."
https://www.cdhowe.org/public-policy-research/rolling-dice-canadas-fiscal-future
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Sources in the party apparatus said the proposals, which were opposed by Poilievre’s inner circle, were scrapped during what they described as a rowdy breakout session on Saturday that had left some members frustrated and bitter.
