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Canada's Debt Hits $1.4 Trillion Amid Rising Costs

6/13/2025

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Summary

Story summary

Canada's national debt has skyrocketed to a staggering $1.4 trillion, up from $600 billion just 20 years ago. While this figure looms large, it has taken a backseat to urgent challenges like rising living costs and immigration. Many Canadians now see this debt as an unavoidable reality, casting a shadow over the financial futures of generations to come.

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Story summary

Canada's national debt has skyrocketed to a staggering $1.4 trillion, up from $600 billion just 20 years ago. While this figure looms large, it has taken a backseat to urgent challenges like rising living costs and immigration. Many Canadians now see this debt as an unavoidable reality, casting a shadow over the financial futures of generations to come.