> Everybody talks about the American debt issue, but Canadian households bear more debt relative to their income than any other G7 country. The average Canadian now spends 15% of their income on debt servicing.
> This is a stark shift from 2008 when Canada emerged from the global financial crisis with a healthier balance sheet than any other G7 nation.
Not at all, as two different things are being discussed.
The author is conflating consumer balance sheets with government ones.
I can't easily find a 2008 number, but in 2010, Canada was the highest in the G7 as well.
https://www.bbc.com/news/world-us-canada-65688460
Not at all a new statistic.
> Canada’s resource industries have been vilified and regulated out of operation
This is an outright lie.
Canada has never produced more oil than we do now.
https://www.statista.com/statistics/265182/oil-production-in...
Canada has near record production of potash.
https://natural-resources.canada.ca/minerals-mining/mining-d...
Canada has near record output of gold.
https://natural-resources.canada.ca/minerals-mining/mining-d...