Canada ‘overstimulated and overspent’ on myth of pandemic recession: Ian Lee

Canada ‘overstimulated and overspent’ on myth of pandemic recession: Ian Lee

Episode 102 of Down to Business podcast

Across Canada, government debt is rising and is likely to continue to rise. What are the potential impacts and should we be concerned?

This week, on Down to Business, Ian Lee, an associate professor of Management at Carleton University’s Sprott School of Business, offered his passionate take on why we need to watch the country’s debt.

Lee has said he thinks inflation is coming, which he said would discourage saving and foster a “casino mentality.”

It’s a point on which many economists might disagree with him, and he talked about that too.

Source: Financial post

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