The Economic LongWave

The Economic LongWave

🚨 Canada's Debt Trap: A Nation Living on Borrowed Time

πŸ“ˆ With debt payments eating 25% of income and political tensions rising, Canada's economy walks a tightrope - and the safety net is wearing thin

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"The Economic LongWave"
Jan 19, 2025
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Canada's Perfect Storm: High Debt Service Ratios Meet Political Risk

The latest Bank for International Settlements (BIS) data release for H2 2024 shows a concerning pattern for Canada's private sector Debt Service Ratio (DSR). At 24.9%, Canada's DSR towers above other developed economies, painting a picture of an economy increasingly vulnerable to financ…

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