Quote:
Originally Posted by Devils'Advocate
No, you are reading that all wrong.
http://www.debtclock.ca/
The $56B is the 2009 deficit. What we added to the debt in 2009. Which was 10%(!!!) of our total debt.
The Liberals did a good job of getting it from $563B to $458B, but much of that was just offloading the debt to the provinces, which is why so many of the provinces are struggling with their books right now.
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That's what I get for trying to read & think at 3 in the morning. Good article anyway if you don't fall asleep on the Greece part on page 1 like I did.