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Canada's Debt Tops $1,000,000,000

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  • errolanderson
    Senior Member
    • Jan 2012
    • 3124

    Canada's Debt Tops $1,000,000,000

    The government spending spree continues at a time Canada struggles to get their key energy resources to market . . . .

    http://www.cbc.ca/news/politics/federal-market-debt-1.4590441
  • bucket
    Senior Member
    • Jan 2008
    • 17022

    #2
    1,000,000,000,000. is one trillion.

    But there are enough zeroes in Ottawa already.

    Comment

    • furrowtickler
      Senior Member
      • Dec 2004
      • 21856

      #3
      And JT continues to give money away overseas

      Comment

      • errolanderson
        Senior Member
        • Jan 2012
        • 3124

        #4
        Originally posted by bucket View Post
        1,000,000,000,000. is one trillion.

        But there are enough zeroes in Ottawa already.
        Thanks bucket . . . I don't have enough 000's . . . but obvious the government tax grab is on at a time Canada can't get their key resources to market . . .

        Comment

        • Horse
          Senior Member
          • Dec 2003
          • 1930

          #5
          Not sure of my math but doesn't that equal app $30,000/man woman and child in Canada.
          So how much do you owe in total debt,I believe that is personal and gov debt.
          When you average it out its not so scary as it sounds with the total number.

          Comment

          • Oliver88
            Senior Member
            • Dec 2012
            • 4688

            #6
            Budgets don't seem to be balancing themselves apparently.

            Trudeau's main goal now is to have gender neutral debt. 🙈

            Comment

            • foragefarmer
              Senior Member
              • Mar 2014
              • 3482

              #7
              Paul Martin was getting a handle on the debt, but Agrivillers wanted to bring in their Reform/Alliance/Conservative Closet Boy who ran up the debt by $150 billion.


              Not to mention Ritz Cracker gutting all Ag programs and not having any idea of how things would be handle after post CWB days, hence poor rail movement of grain by railways and grain companies

              So now we have them all whining away about Trudeau, when they couldn't even realize someone in power was doing exactly what their so called fiscally responsible Harpro didn't have a clue about.

              You all got what you deserve!

              Comment

              • macdon02
                Senior Member
                • Sep 2007
                • 1858

                #8
                What's the cost of servicing a trillion at 10%? I thought that was a minority govt in 08 and the libs and ndp insisted on stimulus? I could be wrong that was too long ago .....

                Comment

                • sumdumguy
                  Senior Member
                  • Mar 2007
                  • 11967

                  #9
                  Originally posted by foragefarmer View Post
                  Paul Martin was getting a handle on the debt, but Agrivillers wanted to bring in their Reform/Alliance/Conservative Closet Boy who ran up the debt by $150 billion.


                  Not to mention Ritz Cracker gutting all Ag programs and not having any idea of how things would be handle after post CWB days, hence poor rail movement of grain by railways and grain companies

                  So now we have them all whining away about Trudeau, when they couldn't even realize someone in power was doing exactly what their so called fiscally responsible Harpro didn't have a clue about.

                  You all got what you deserve!

                  No argument from me. Harper and Ritz really did a job on agriculture - and the country’s debt. I had hoped some of the good old Paul Martin Liberals could lead the young punk through the swanp but it is clearly not to be😥

                  Comment

                  • Guest

                    #10
                    Originally posted by Horse View Post
                    Not sure of my math but doesn't that equal app $30,000/man woman and child in Canada.
                    So how much do you owe in total debt,I believe that is personal and gov debt.
                    When you average it out its not so scary as it sounds with the total number.
                    Dream on horse you and i and our kids owe a lot more than that when you take all natives and keebeckers out of the equation !

                    Comment

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