Encore: Never mind the deficit?

This holiday season, economists are watching how Canadians spend to see how deeply the pandemic has changed the way we shop, save and even give to charity. But differences in consumer spending have nothing on the tremendous amount of money the federal government continues to spend to get the country through the COVID-19 pandemic. Despite the protests of deficit hawks, a growing movement says we can shed our old worries about the federal debt. In fact, modern monetary theory argues that since we control our own currency, the government can create more money and never go broke. Today, an encore of our examination into this controversial idea and how it relates to Canada.