Dear John,

Debt-financed government spending has real economic costs.

Contrary to what many Canadians – and, interestingly, some policymakers and even economists – think, debt-financed government spending has real economic costs, even when interest rates are very low.

A new Fraser Institute study out today finds that these costs include slower economic growth; lower private sector incomes; and destabilization in the form of significant spending cuts and/or tax increases.

Learn more by reading the full study here, and be sure to share this one on social media.

Sincerely,

Niels Veldhuis
President
The Fraser Institute