What happens “if rates rise before debts fall?”
Conservative Jobs & Industry Critic Pierre Poilievre is warning about what could happen to the Canadian economy if interest rates rise before debt falls.
Poilievre noted how Canada’s debt ratio is hitting levels that have led to debt crisis in other nations, and that unless we get control of our debt soon Canada could be facing the same disastrous situation.
You can watch his remarks below:
Spencer Fernando
Photo – YouTube