'Not unthinkable' that Canada's debt could hit $1 trillion this fiscal year, PBO says

Parliamentary Budget Officer Yves Giroux says it's "not unthinkable" that the federal debt could reach $1 trillion during this fiscal year as the economic response to the COVID-19 pandemic continues. Giroux made the comment during Tuesday's finance committee meeting, when Conservative MP Pierre Poilievre asked whether it was "possible or realistic" that the federal debt could reach $1 trillion dollars during this fiscal year. "Possible, yes. Realistic? Yes. Certainly not unthinkable," replied Gi