CARNEY IS LYING:
He is telling you,
“We have the lowest net-debt to GDP ratio in the G7”
What he’s doing, is using OUR pensions, the CPP & QPP, and calling it an asset!!
It’s a liability.
They have to pay that out, to us.
It’s OUR asset. THEIR liability.
Any CFA, CPA, CA, will tell you: Net-debt is the biggest BS told.
If you look at our TOTAL DEBT to GDP, we are among the LOWEST 7 out of 32 COUNTRIES!!!