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Canada’s Budget Explained | Shocking Warnings About Unsustainable Spending
In this video, I break down the shocking warning from the Canadian Parliamentary Budget Officer who says Canada is on an unsustainable path. He called the nation’s finances “stupefying,” “shocking,” and “unsustainable,” pointing to the fact that we are projected to pay $82.5 billion in interest by 2030. If an average household ran a budget like this — month after month in the red — they would go bankrupt, and that is exactly where Canada’s economy is heading. From Canadian politics today to Carneys government news, I explain how reckless spending is putting an impossible burden on Canadian taxpayers. If you want the Canada debt crisis explained or real Canadian political commentary on the latest parliament scandal, this is the video for you.
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