The grim financial reality facing Canada and Canadians – debt now 106.7% of GDP and household debt 186.2% of disposable income

In the era of lockdowns to “prevent a healthcare system collapse” Canadians have forgotten that all this money must be paid back – with interest. Inflation is on the rise and it likely won’t get any better soon the way our governments are spending. In addition, the same measures meant to protect our healthcare systemContinue reading “The grim financial reality facing Canada and Canadians – debt now 106.7% of GDP and household debt 186.2% of disposable income”