Is Canada Heading Over A Fiscal Cliff?

Stephen LeDrew sits down with Catherine Swift from the Coalition of Concerned Manufacturers and Businesses of Canada, an expert on Canadian economic policy, to break down the country’s growing debt crisis. In today’s Three Minutes Catherine explains why interest payments on federal debt now exceed transfers for healthcare, how provincial and federal debts compound the problem, and why Canadians historically have resisted fiscal restraint. She also explains how modern monetary theory has shaped public perception and why both conservative and liberal governments face scrutiny when tackling deficits. A concise, clear-eyed look at debt, economic reality, and what it means for the future of Canada. Hosted on Acast. See acast.com/privacy for more information.