Is government debt really causing our economic problems? - Net gove N

costs in the future, borrowing the value of government assets, In Canada, we measure the net can make good fiscal sense. [...] including the Trudeau govern- capture some of the benefits to Statistics Canada reports the net ment, use the net debt-to-GDP economic growth of government debt both with and without these ratio. [...] ment net debt-to-GDP, excluding when measured against the In the mid-1990s, debt across CPP and QPP, is now lower than size of the economy, is lower all levels of government in Canada, than it has been in decades. [...] The data from Quebec Statistics Canada table 14-10-0352-01 and the rest of Canada specific- ally shows that the 2023 labour But in 2023, this trend reversed, increase in the number of work actions involved more workers. [...] government initially offered the we must remain vigilant and coalition a 9% wage increase over The 5-year average for person- prepared to use every method 5 years, the strikers managed to days lost remained fairly stable at our disposal to secure fair secure a 17.4% increase by the time throughout the 2000s in Quebec wages and working conditions.