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Use this website https://tradingeconomics.com/canada/government-debt-to-gdp. From a comparative standpoint, what can be said about the recent trend in Canada's and the USA's government debt to Gross
Use this website https://tradingeconomics.com/canada/government-debt-to-gdp.
From a comparative standpoint, what can be said about the recent trend in Canada's and the USA's government debt to Gross Domestic Product ratio? Use statistics to support your answer. (2 marks) Based on what you see, explain in your own words why Canada's economy is much healthier than the American economy. As part of your answer, contemplate the following issue: If you were a foreign investor, why might you be concerned about the American debt? Also, use statistics to support your answers. (2 marks) Based on your analysis of the trend, identify the direction that Canada's debt ratio is heading. What does it mean for future generations of Canadians? Use statistics to support your answer. (1 mark)
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