Canada's Fiscal Track is 'Reasonable, Sustainable': Freeland

Canada's Fiscal Track is 'Reasonable, Sustainable': Freeland

Assessment

Interactive Video

Business

University

Practice Problem

Hard

Created by

Wayground Content

FREE Resource

The transcript discusses Canada's approach to recovering from the COVID recession, emphasizing the importance of investing in a swift recovery and long-term growth. It highlights Canada's fiscal prudence, with a focus on maintaining a declining debt-to-GDP ratio and a sustainable fiscal track. The unique economic impact of COVID is compared to a natural disaster, necessitating government support to avoid economic scarring. The transcript concludes with a discussion on the budget's role in supporting long-term economic growth.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the budget indicate about Canada's debt to GDP ratio by 2526?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of avoiding economic scarring according to the budget?

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