Time Is Right for Deficit Spending in Canada: Doyle

The transcript discusses Canada's economic needs, highlighting the risks of austerity and the importance of government spending. It examines the struggles of the private sector, weak consumer spending, and business investment indicators. The conversation also covers monetary policy, exchange rate predictions, and structural economic issues, contrasting Canada's private sector debt with the US's credit cycles.

What are the potential consequences of pursuing a message of austerity in the current economic situation?

How does the private sector's performance impact consumer spending and business investment indicators?

What factors might influence the Bank of Canada's decision on interest rates in the near future?

In what ways does the private sector debt boom in Canada present challenges to economic growth?

How do the private sector credit cycles in Canada compare to those in the US?