On the web page below I learn the total federal debt is $583 billion and the yearly deficit is $45 billion.
http://www.fin.gc.ca/update97/factDEBT-E.html
There is too much prose here and too few numbers.
Why doesn't the Fraser Institute or the Centre For Policy Alternatives offer quick summaries of basic facts. Like, how big is the federal budget this year? What percentage is the deficit of the total budget? How many billions of dollars are spent on interest payments each year? How much could taxes be lowered if we had no deficit or debt?
If you divide 45 billion dollars by 20 million people, you get 2250, which is dollars. Each year.
http://www.fin.gc.ca/update97/factDEBT-E.html
There is too much prose here and too few numbers.
Why doesn't the Fraser Institute or the Centre For Policy Alternatives offer quick summaries of basic facts. Like, how big is the federal budget this year? What percentage is the deficit of the total budget? How many billions of dollars are spent on interest payments each year? How much could taxes be lowered if we had no deficit or debt?
If you divide 45 billion dollars by 20 million people, you get 2250, which is dollars. Each year.
