this post was submitted on 23 Apr 2026
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[–] CanIFishHere@lemmy.ca -3 points 12 hours ago (1 children)

You do realize Canada's debt is higher than USA, right?

[–] Jtotheb@lemmy.world 3 points 3 hours ago

The USA’s debt is about 30 times greater than Canada’s debt. Canada’s total debt is actually lower than the USA’s annual federal deficit. Canada’s debt to GDP ratio is far better than the U.S.’s at about 10% compared to over 100%.

Did you specifically mean household debt?