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Reading: Reducing Government Debt Could Boost Average Canadian Worker Incomes by $2,100 a Year: Study
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CanadaFeatured Canadian NewsTop Canadian NewsWorld News

Reducing Government Debt Could Boost Average Canadian Worker Incomes by $2,100 a Year: Study

Olivia Gomm
Last updated: June 25, 2025 9:43 pm
Olivia Gomm
3 months ago
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reducing-government-debt-could-boost-average-canadian-worker-incomes-by-$2,100-a-year:-study
Reducing Government Debt Could Boost Average Canadian Worker Incomes by $2,100 a Year: Study
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Reducing government debt in Canada could boost incomes for average workers by around $2,100 per year, a new study has found.

If Canadian governments reduced their debt relative to the size of the economy (GDP) over five years back to pre-pandemic levels, it would increase productivity and boost incomes for average workers by $2,100 a year, says the study published by the Fraser Institute on June 24.

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