Cost of Living

Canada's debt-to-GDP ratio isn't a major election issue. But should it be?

Host Paul Haavardsrud looks at why the big parties running for election this year seem so comfortable with deficits. Should we be worried? It is our money they're spending after all.

Spending is always an important issue in any federal election campaign

Canada's national debt is $768 billion as of October 2019. (Jonathan Hayward/Canadian Press)
Listen9:16

Neither a borrower or a lender be, wrote Shakespeare. But the Bard of Avon didn't have Canada's enviable debt-to-GDP ratio.

  • CBC Radio's new business and economics show, Cost of Living, airs on CBC Radio One every Saturday at 11:30 a.m. (12 p.m. NT) or online anytime at CBC Listen.

Host Paul Haavardsrud looks at why the big parties running for election this year seem so comfortable with deficits.