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Are debts and deficits about to balloon?
Manage episode 493762838 series 3614881
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The news cycle never slows down and neither does Hub Hits. Each day we provide you with quick hits on topical stories, big issues and important voices appearing in The Hub, taped live. This episode features Rudyard Griffiths and Trevor Tombe, professor of economics at the University of Calgary, discussing the fiscal challenges facing Canada and the impact of significant spending pledges by the Carney government, particularly increased military spending, which could push deficits to over $150 billion by mid-decade. They also discuss the need for sustainable fiscal policies to maintain market confidence and avoid unsustainable debt growth. To read Trevor's full analysis, click here.
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CREDITS:
Amal Attar-Guzman - Producer
Alisha Rao - Sound Editor
Rudyard Griffiths - Host
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