What’s in it for Canadian in the Canadian economy

Jacques Plante
Aug 25, 2023

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Slowly scroll these 3 charts. It will take you a minute.

Canadian budget deficits

A deficit is the calculation of spending less income.

Canadian federal debt. Source: Trading economics

Debt is the sum of all deficits.

In 2001, China was admitted in the World Trade Organization. A terrible impact on Canadian trade balance

And trade balance is exportation less importation.

A series of deficit on a growing debt attached with another series of negative trade balance…

… Is misery ahead!

It needs all Canadians attention, whatever is your politic conviction!

Post Sriptum: Trade balance are not so good in 2023

Source: Nova Scotia government

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Jacques Plante

I am a retired economic adviser, I never do politics. I like writing.