zlacker

I think the conservatism of Canada is overstated and in fact Canada is one of the most leveraged countries in the world.

>>faerie+(OP)
The "conservatism" is of the banks, not the country. The Canadian government is quite leveraged.

But as leveraged as Canada is, Canada is well below the average for debt-to-GDP ratio of the G7 (admittedly skewed by Japan's monster debt, but still well below US debt). https://www.visualcapitalist.com/government-debt-by-country-...