Should we worry about deficits when interest rates are so low?

Submitted to Canada's debt

The author believes the short answer is ‘yes’ but the problem is not our government. The real risk to Canada is the fiscal behavior of the US, which he suggests is on a fiscally unsustainable path. He suggests Canadian policymakers must take this into account as they develop and implement fiscal plans.

What are your thoughts? Tell us here and/or participate in our debt activity if you haven't already.

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Link to article here.