With the growth of the federal deficit in recent years,to which group has the wealth of middle-income taxpayers in Canada increasingly been redistributed?

Question

Quizplus · Accepted Answer

With the federal deficit growing in recent years, the government has had to rely more heavily on financial markets to finance their spending. This has resulted in an increase in government debt, which is often held by wealthy investors, including holders of government securities. As a result, the wealth of middle-income taxpayers in Canada has increasingly been redistributed to this group.

With the Growth of the Federal Deficit in Recent Years,to