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Canadian Government Debt 2003: A Guide to the Indebtedness of Canada and the Provinces

The Fraser Institute's fifth study examining Canadian public liabilities reveals that the net direct debt of all three levels of government in Canada fell from $851 billion to $797 billion between 1996/97 and 2000/01. This is a small drop compared to the growth in debt over the last decade: it was only $533 billion in 1990/91.

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