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Pensions, health care will push Canadian governments $2.2 trillion further into debt

from National Post

Covering the cost of health care and providing a pension for every Canadian will push the country $2.2 trillion further into debt, a new report by the Fraser Institute suggests. The analysis in the report released Tuesday calculates the liability for the current cohort of Canadians — that means the promised program spending for people living today less expected tax revenues. more

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