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Carney’s bet on economic growth — and the risks that come with it

Mark Carney is making a bet.

He believes massive public investing now will position the Canadian economy to grow in spite of the trade war and the shifting winds of global geopolitics.

By the 2030-31 fiscal year, the federal government will shoulder $85.5 billion in annual public debt charges. By then, Carney hopes the bet will have paid off and the economy will have undergone a transformation.

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