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Greater Sudbury, Canada, projects a massive debt rise to $600M by 2027, largely for infrastructure.
Greater Sudbury, Canada, is projected to increase its debt to $600 million by 2027, representing a nearly 1,700% increase from 2014.
This rise includes $135 million for an events center and other infrastructure projects.
Mayor Paul Lefebvre maintains the city's strong financial position, citing an AA+ credit rating and manageable debt levels, arguing that debt can fund critical infrastructure without burdening future generations.
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El Gran Sudbury, Canadá, proyecta un aumento masivo de la deuda a $600M para 2027, en gran parte para infraestructura.