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Originally Posted by shotinthebacklund
What I find scary is how low the concern for "deficit" is here.. Sure feels like that's the Canary in the coal mine situation to me.
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Canada has run a much tighter fiscal policy than our G7 peers, which has contributed to inflation coming down more quickly and interest rates coming down sooner. Canada's general government deficit-to-GDP ratio of 2 per cent in 2024 is the lowest in the G7, tied with Germany (Table 1). The United States deficit currently sits at 7.6 per cent of GDP, while France is at 6 per cent and the United Kingdom is at 4.3 per cent.
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SOURCE: https://budget.canada.ca/update-mise...apercu-en.html
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"Life of Russian hockey veterans is very hard," said Soviet hockey star Sergei Makarov. "Most of them don't have enough to eat these days. These old players are Russian legends."
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