Economy doing well, but year-on-year federal deficits leading to creeping debt is concerning, say experts

Halfway through his mandate, the prime minister has dodged questions on if he plans to keep his campaign promise of balancing the budget by 2019.

Prime Minister Justin Trudeau sidestepped questions about a timeline to eliminate the deficit during a press conference on Sept. 19 in Ottawa. The Hill Times photograph by Andrew Meade

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BY EMILY HAWS

October 18, 2017

Canada's federal finances appear to be on a solid footing, but fiscal experts say the Liberals need to be concerned about paying down debt in the long term to remain fiscally responsible to Canadians. Canada’s federal debt-to-gross domestic product (GDP) ratio is sustainable at its existing lev...

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