Carney has ‘limited room to cut taxes’ as debt-to-GDP ratio to grow: PBO

by | Nov 14, 2025 | news, Top News

The federal debt-to-GDP ratio in Budget 2025 is projected to be higher compared with the 2024 fall economic statement, ‘and is no longer projected to be on a declining path.’

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Written by Albert Pham, News Curator and Blogger

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