In this Globe and Mail publication, Don Drummond, Stauffer-Dunning Fellow and Adjunct Professor, and Nicholas Dahir argue that Canada’s growing public and private debt is increasingly risky and that policymakers should resist the temptation to rely on continued borrowing, warning it could undermine long-term economic stability and crowd out future growth.

"Canada must resist the seduction of more borrowing and rising debt," The Globe and Mail (June 24, 2026) (subscription required)

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