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Slowing economy will mean more red ink and debt costs for Carney’s budget, PBO says

The PBO says federal debt charges are now projected to climb next year to $1,419 per Canadian, up from $640 in 2021-22, and on track to reach $1,952 per person in 2030-31. And according to PBO figures, Ottawa’s debt per capita will rise from $29,811 in 2021-22 to $33,436 in 2026-27 and reach  $39,191 in 2030-31.

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