Quote:
Originally Posted by SebC
Countries have broken up before. I would assume that there is an established solution to this issue.
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The most recent example is Sudan and South Sudan. They are currently negotiating a huge number of things and debt is definitely one of them.
In the end, I would guess that Canada would not be able to transfer debt to Quebec but would instead have to issue Quebec new debt for their share. If you had loaned money to Canada I don't think you would agree to have that debt transferred to a new country with no track record.