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How much debt is canada in?

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Q. Why does the United States owe so much more than Canada ($19 trillion dollars vs $600+ billion)? A. This is an unfair comparison when you consider that the U.S. economy is approximately 10 times larger than the Canadian economy. read more

a. In 2007-08 (to give you an example), the federal government in Canada spent $33.3 billion dollars to service its debt. read more

Combined federal and provincial net debt has increased from $833 billion in 2007/08 to a projected $1.4 trillion in 2016/17. This combined debt equals 67.5% of the Canadian economy or $37,476 for every man, woman, and child living in Canada. Debt accumulation has costs. read more

The Cost of Government Debt in Canada, 2016 by Charles Lammam, Milagros Palacios, Hugh MacIntyre, and Feixue Ren. Te ost of overnent et in anaa read more

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