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The OECD, for one, updated its expectations in September, iPhone Cases saying the Canadian economy would grow by 3.2 per cent in 2017, best among G7 countries.But the growth has coincided with Canadians and their various levels of government taking on substantial debt. Statistics Canada reported Wednesday that the combined deficit of the country's federal, provincial and local governments increased to $18.1 billion in 2016 from $12.9 billion in 2015. The combined deficit was down from a peak of about $62 billion in 2009, in the thick of the financial crisis, but up from the $9.7 billion deficit for 2008.StatsCan also reported this month that the value of credit outstanding for Canadian corporations hit $803.3 billion for the first half of 2017, up 4.3 per cent for the same six months last year.

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