Canada's Debt Crisis: Are We in Trouble?

Every year Canada's debt just keeps climbing. Last year they printed around $19.3 billion, and now it's up to $25.5 billion to deal with deficits. Total debt is now over $1.487 trillion, up from $1.445 trillion just five months ago. The debt clock is wild, they are borrowing $237.8 million daily. That's insane!

Not sure I see it your way. But I think the economy plays a role in how many kids people decide to have. If we care about the well-being of citizens, that matters.

Who even thought this was a good idea? Canada is just another example of a country that’s digging its own grave. But they aren’t alone in this.

Your take is kinda off. The Canadian government isn’t trying to lower birth rates, that’s just happening naturally as economies mature. In tough times, people hesitate to have kids. For many, it’s just not feasible.

Canada’s debt isn’t just one thing causing it. Government spending has skyrocketed, especially during COVID. Plus, an aging population puts more strain on services. Raising birth rates alone won't fix this cutting costs and boosting revenue are essential.

I think you're missing the point. Just because someone has a kid doesn't mean they can handle more. If a kid costs $100 a month and you barely scrape by, having another kid is a big risk. Some do take that leap, but it’s tough.

Carney was an interesting choice as bank chief. But did he really get in just because of his finance background? The numbers seem small $25 billion for a whole country sounds like pocket change compared to what the Fed deals with. Canada’s not in bad shape, I think they’ll be fine.

Yeah, but Canada’s been struggling lately. They’re like the liberal sibling of the US, but running things without real competition. Meanwhile, Americans might have issues, but they have better living standards overall.

Honestly, almost every country seems to be heading into debt trouble. Just look at the US with their $39 trillion debt. If they go down, it’ll create a domino effect globally. Canada’s not immune either.

I know people in my country who really struggle but still have kids. It’s tough. But saying someone can afford more kids just because they have one is misleading. Sometimes, you just can't stretch the budget that far.

What’s actually driving Canada’s debt? The US has clear factors affecting theirs, but what about Canada? Inflation’s been a real issue lately. It’s hard to pinpoint all the causes.

I doubt raising the population will fix Canada’s economy. My country’s overpopulated and struggling, so that theory doesn’t hold up. Look at China they're super populated and still thriving.

It’s wild how developed nations see not having kids as a financial decision. Meanwhile, poorer countries are having children in tough conditions. Like, does it really take a high-paying job to start a family?

Population control never worked out well. Families used to have tons of kids and manage, but now it’s a struggle even with a few. It’s more about parenting than the economy.

Can you explain how immigrants doing jobs here is any different than Canadians doing the same? They’re all contributing to the GDP. And yeah, dropping birthrates can be a problem down the line, but that won’t hit right away.

False, that’s just globalist talk. A stable or slowly declining population can be better for efficiency. Just adding people doesn’t necessarily help the economy grow.

So Canada printed $25.5 billion on a $2.39 trillion GDP. With just 1.7% growth, that’s concerning. Does this debt trap account for the drop in debt to GDP from 74.51% in 2021 to 69.25% in 2025?