Talk:Canadian public debt
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?Foreign ownership section?
Why have this section since the table is populated with no data? I'm not criticizing I just don't understand. Thanks, Hu Gadarn (talk) 14:40, 26 January 2011 (UTC)
- Ideally so it gets populated, as well its present in other articles for other countries, not a specific answer but likely why its there. I havent been able to find reliable info to populate however and there was a standing award at WP:reward board for some time if it was. If you want to remove the unpopultaed table right now i dont think there would b e a huge objection Ottawa4ever (talk) 16:10, 26 January 2011 (UTC)
Source of data for gross debt column?
Does anyone know how the data in the 'Gross debt' column was collected? The article references www.debtclock.ca which contains some but not all of the numbers but does not cite the source of the data. As far as I can tell the figures do not represent gross debt but are actually closer to net debt. Statcan.gc.ca provides data up to 2008 and for "Gross federal government debt" it states:
1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 |
---|---|---|---|---|---|---|---|---|---|---|---|
651,124 | 645,725 | 648,389 | 648,212 | 644,900 | 640,526 | 629,638 | 628,830 | 626,217 | 619,701 | 618,765 | 594,390 |
Where as "Net federal government financial debt" is:
1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 |
---|---|---|---|---|---|---|---|---|---|---|---|
588,402 | 581,581 | 574,468 | 561,733 | 545,300 | 534,690 | 526,492 | 523,648 | 523,344 | 514,099 | 508,122 | 490,412 |
For example, for 1997 both the article and debtclock.ca state that the debt peaked at 562,881 which is lower than both gross debt and net debt from statcan which does not show this number anywhere in its figures for 1997.
Similarly for 2010 the article states 551,380 which is again lower than both total (not gross) debt and net debt stated in public accounts of canada for 2010 (http://www.tpsgc-pwgsc.gc.ca/recgen/pdf/49-eng.pdf):
Statement of Financial Position
Total liabilities . . . . . . . . . . . . . . . . . . . . 883.3
Financial assets . . . . . . . . . . . . . . . . . . . .300.8
Net debt . . . . . . . . . . . . . . . . . . . . . . . . 582.5
Accumulated deficit . . . . . . . . . . . . . . . . . 519.1
P.S. www.debclock.ca also contains contradictory data in the video stating at 0:43 that "National debt peaks in 1996 at $720 billion". — Preceding unsigned comment added by Cdnxmax (talk • contribs) 20:55, 23 September 2011 (UTC)
Graph or chart
A graph or chart should be included to help visualize the history of the public debt. — Preceding unsigned comment added by 70.53.63.148 (talk) 11:38, 19 April 2015 (UTC)
High debt to gdp ratio section seems like it should go in a more general category. Its not just specific to Canada's debt situation. — Preceding unsigned comment added by 70.31.32.26 (talk) 05:11, 16 May 2015 (UTC)
Reinhart and Rogoff?
This article has like 6 paragraphs about the Reinhart and Rogoff paper. That research is almost totally discredited now, and it also has nothing to do with Canada. The paragraphs themselves explain some of the debate around that issue, but the whole thing is off-topic and unreadable -- should it just be destroyed? --23.233.25.106 (talk) 09:33, 3 October 2015 (UTC)
Seconded -- it's a bizarre inclusion. — Preceding unsigned comment added by 73.176.114.49 (talk) 02:25, 18 December 2015 (UTC)
FY2014 published in 2015
The main article is a little disorganized so I do not feel qualified to update it. But the official FY2014 numbers were published here: http://www.fin.gc.ca/afr-rfa/2015/report-rapport-eng.asp which show "net debt" increasing from 682.3 to 687.0 billion. I defer to others who might know the difference between "net debt" and "Federal debt (accumulated deficit)". Comment: the government claimed to balance the budget and yet both these debt-numbers increased; it would appear that the budget was only balanced as a percent of GDP Neilrieck (talk) 12:24, 23 October 2015 (UTC)
Minor Errors with Official Canadian Numbers
While preparing to correct some numbers in the debt table I noticed an error with the official numbers published by the Canadian government. The 2012-2013 numbers here: http://www.fin.gc.ca/afr-rfa/2013/report-rapport-eng.asp indicate an accumulated deficit of 602.4 billion but the number changes to 609.4 when it is carried forward to the left-hand column of the next report here: http://www.fin.gc.ca/afr-rfa/2014/report-rapport-eng.asp (I will assume the later report contains the correct number). One more thing, at the bottom of these reports you will see what I believe is a more realistic GDP than what is published in the table here. I do not know where these numbers came from but do not feel comfortable correcting them without some input from the wiki community. Comments Please? Neilrieck (talk) 11:59, 24 October 2015 (UTC)
Risks of high debt section as Off-Topic
The section titled "Risks of high debt-to-GDP ratio" contains information that is relevant to the national debt level of any country, but it is not particularly relevant to this present article. The content should either be shifted to another, more appropriate article on that subject (with links as needed), or deleted. Amornoguerra (talk) 08:50, 8 March 2016 (UTC)