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It’s official — Trudeau has now literally doubled down on debt

Pop the champagne! It’s now official. Prime Minister Justin Trudeau has doubled the federal debt. It took nearly two dozen prime ministers and a century and a half for the federal government to rack up $616 billion in debt, which is where the total stood before Trudeau’s first year in office. But less than a decade later, on Aug. 30 of this year, the debt has officially doubled to $1.232 trillion. That’s according to calculations done by the Canadian Taxpayers Federation based on annual debt increases outlined in the government’s latest budget.

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