Quote:
Originally Posted by ssiguy
Remember debts in Canada are paid in C$ NOT US$.
Our current federal debt is 28% of GDP and total federal and provincial debt is now about 46% of GDP.
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You aren't including Crown Corporation debt. Hydro Quebec is $35B in the hole, which is larger than the debts of all but two of the provinces. The remanant of the former Ontario Hydro (Ontario Electricity Financial Corp)carriers $38B in debt.