Opinion: Canada’s debt crisis will come from Washington (opens original article in a new tab)

Canada's debt crisis risk stems from the unsustainable U.S. fiscal path, which could severely impact Canada through economic and financial channels. Canada must take proactive measures to build resilience.

• Canada's public debt is manageable but faces risks from the U.S. fiscal crisis.
• A U.S. fiscal crisis could impact Canada through reduced exports, currency fluctuations, and global recession.
• Canada should prepare by reducing reliance on U.S. Treasuries and improving productivity.