Quote:
Originally Posted by CaptainCrunch
Canada's Federal Budget is going to go up in smoke, between their drunken spending, Corona and now this, Its a perfect storm of a probably exploding deficit.
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They may have to borrow an extra 10 billion to address this, which will cost them 98 million in year one in interest costs, rising by about 1 million a year (with the interest rate on the borrowing being 0.00986 (just under one percent per annum)