Canadian bankers are warning Trudeau about soaring debt
The top lenders of the country are sending a message to the Trudeau government, warning that the massive budget deficit will have future consequences.
Following a lull in the spring, July has shattered the all-time sales record.
Ottawa has set a borrowing record with its unchecked spending during the lockdown, borrowing more than one third of a trillion dollars in 27 days.
The Liberal government's deficit for this year will reach a stunning $130 billion figure, breaking a record for the highest deficit in Canadian history.