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National saving and foreign borrowing finance investment. In 2017, Canadian investment was $384 billion. Governments (federal, provincial, and local combined) had a deficit of $26

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National saving and foreign borrowing finance investment. In 2017, Canadian investment was $384 billion. Governments (federal, provincial, and local combined) had a deficit of $26 billion. This total of $410 billion was financed by private saving of $362 billion and borrowing from the rest of the world (negative net exports) of $48 billion.

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