Public Debt in the Time of COVID-19

Canadian Economics     

In its November 30th fiscal update, Canada’s federal government tallied up the costs of COVID-19. The deficit will swell to $385 billion in 2020–21. The provinces and territories have also tallied record deficits—$92 billion, on aggregate. What do figures like these mean for our recovery? Keara talks to Chief Economist Pedro Antunes for these answers and more.

The full story: Challenges Ahead: Canada’s Post-Pandemic Fiscal Prospects

Pedro Antunes

Chief Economist, Signal49 Research

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