Monthly Archives: June 2019

Canadian Federal Gross-Debt History

Usually, Canadian Federal Gross-Debt History focuses on only the accumulated budget deficit.  The expression extremely rarely focuses on the remaining 80 percent of government deficits, that is, on unfunded or unsecured liabilities.  Take this example: FRASER RESEARCH BULLETIN; April 2019 Examining Federal Debt in Canada by Prime Ministers Since Confederation, 2019 By Jake Fuss and Milagros Palacios Full article The following graph is from that article. Note: Few people ever (and neither do Fuss and Palacios) address governments’ unfunded liabilities (at least not in the indicated report). Gross Debt Commonly, Gross Debt is the sum of the accumulated budget deficit.  That is allocated or borrowed money to pay for government … Continue reading

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