News

‘Certainly a drag on what the federal government can do’: economists split on usefulness of racking up debt for infrastructure spending

Economists generally say Canada's doing OK when it comes to managing its debt servicing payments even if interest rates increase, but the Fraser Institute's Charles Lammam argues billions of dollars aren't providing direct benefit to Canadians.

Prime Minister Justin Trudeau, right, and Finance Minister Bill Morneau unveil the 2017 federal budget last March. The budget had a projected deficit of $28.5-billion, which will be added to the public debt. The Hill Times file photograph

PUBLISHED :Wednesday, Jan. 10, 2018 12:00 AM

If you are already a subscriber


Subscribe to The Hill Times

Subscribe to the digital and/or print editions and get instant access to The Hill Times online.


Quick Purchase

Purchase Story Issue in electronic format (PDF) for $5.00.