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

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

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Business

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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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