Quote:
Originally Posted by EldrickOnIce
Yes but (and correct me if I'm wrong): didn't Martin, in reducing the federal debt, put the burden of that reduction of transfer to the provinces? So while federal debt dropped significantly, provincial debt rose just as significantly.
I may mis-remember, but I don't think so.
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The provincial debt-to-GDP ratio declined a little bit during the last period of Liberal government, but has risen during the Harper government faster than federal debt has. This chart shows all government debt compared to federal debt:
