Canada's total debt to GDP ratio (combining private and public sector debt) is 305%, which is worse than the debt burden at the end of World War II, and most developed countries are currently in a worse debt position relative to GDP than they were at the end of WWII.
factualpending
Speaker
Russell NapierEvidence Quote
“If you add in the private sector, Canada's debt to GDP ratio is 305%. If you add the private and the public together. Now, this is worse than World War II.”
Source
Understanding The AI Opportunity with Russell Napier | The 2025 Prime Quadrant Conference— Prime QuadrantCreated: 8/11/2026, 7:40:36 AM
My Notes
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