July 13, 2016

Canada Improving Against The Odds

   July 13, 2016

Canada Improving Against The Odds

Canada's_Debt_To_GDP_Ratio_Debt_To_GDP_Ratio_TMMChart.png

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Editor’s remarks: Despite the tragic forest fires in Alberta, the costliest tragedy in Canadian history, which severely affected the already suffering oil-producing region, Canada has been seeing steady growth. The GDP growth rate rose to 0.6% in April from -0.2% the same time last year. Many are describing this resilience as a result of the optimism generated by its new Prime Minister, Justin Trudeau. However, previous concerns held over the spending of the Labour Party are resurfacing with Canada’s debt rising since Mr Trudeau took office. Will Mr Trudeau be able to maintain his momentum or will Canada’s rising debt halt it?

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