Our National Debt

The Bloganuary question today: If you had a billion US dollars, how would you spend it?

I’m not going to figure how many dollars Canadian that would be, but I did a search for how much Canada’s National debt is. Here’s the answer I found:
The total financial liabilities or gross debt of the Canadian consolidated provincial, territorial and local governments (PTLG) was $1,460 billion in 2021 (the fiscal year ending 31 March 2022.)

My billion dollars US should cover that. I live in the best country in the world and it’s been good to me. I’d be happy to pay something back.

Now, wouldn’t my fellow citizens love me if I’d pay off the national debt? Well, maybe they wouldn’t–or only briefly–but it would definitely benefit our country and every citizen indirectly. So that’s probably the best use I could make of such an enormous sum. To hold that much privately and decide how to spend it would be the biggest headache ever.

Okay, I’d probably keep some for personal use and donations. Maybe a million or two. 😉

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