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While Prime Minister Justin Trudeau has said budgets balance themselves, a new report from the Fraser Institute begs to disagree.

It concludes he’s growing our per person federal debt at a faster rate — 5% over four years — than any other prime minister going back to Confederation who didn’t face a world war or economic recession.

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Think about that. No PM in the 150-year history of our country is accumulating per person federal debt at a faster pace than Trudeau, in relatively stable economic times.

Debt which will result in higher taxes and reduced public services, because more tax money will have to be diverted to pay interest on government debt.

At the moment when the Trudeau government should be paying down public debt, it’s heading in the opposite direction.

Based on the Fraser Institute study titled “An Analysis of Federal Debt in Canada by Prime Ministers Since Confederation”, even former Liberal prime ministers in similar economic circumstances to Trudeau disagreed with his approach.