Articles on Fiscal deficit

Displaying all articles

Deputy Prime Minister and Minister of Finance Chrystia Freeland responds to a question from a reporter during a news conference, in June 2024 in Ottawa. THE CANADIAN PRESS/Adrian Wyld

National debt explained: What you should know about Canada’s deficit

National debt can be beneficial and help countries grow their economies, but only if it’s managed properly. Too much debt can become burdensome and cause economic growth and investments to slow down.

Top contributors