"...We will have spent $1 trillion since 2019 and it’s not clear that we’ll be in a better position on the economic front,” said Robert Asselin, a vice-president at the Business Council of Canada and former Liberal advisor.
Prime Minister Justin Trudeau’s government has repeatedly voiced plans to “build back better” coming out of the COVID-19 pandemic, largely through increased spending on a raft of social, environmental, and industry programs.
Over the five years ending 2024, Ottawa is expected to add $1 trillion to the federal debt, well higher than the $685 billion that had been accumulated through its entire history until 2019..."
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