The formula we use to evaluate government debt situation is Debt as a percentage of GDP. Canada’s federal debt as a percentage of GDP was about 35% in 2018. This percentage does not include any provincial debts. Please research about Ontario’s debt situation and compare that with Canada. Evaluate the debt situations for both Canada and Ontario and make comments on them. If you were the policy makers, what course of actions would you recommend on the debt situations in Canada and Ontario? Why?
Your paper should include: • Minimum 1 page • Topic: Your topic should represent a unique situation or a difficult decision and be complex enough