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

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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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