In response to high rates of unemployment and a large and growing debt as a share of the economy,in the latter half of the 1990s,Canada

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In order to address high rates of unemployment and growing debt, Canada reduced government spending and shifted the federal budget toward a surplus in the latter half of the 1990s. This involved tough austerity measures and cuts to social programs, but ultimately led to a decrease in debt and a stronger economy.

In Response to High Rates of Unemployment and a Large