词条 | Canadian public debt | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
释义 |
The Canadian government debt, commonly called the "public debt" or the "national debt", is the amount of money owed by the Government of Canada to holders of Canadian Treasury security. In 2014, this number stood at CAD$1.4 trillion across federal and provincial governments. With the total GDP somewhere around CAD$1.8 trillion, Canada's overall debt/GDP ratio is around 77%. "Gross debt" is the national debt plus intragovernmental debt obligations or debt held by trust funds. Types of securities sold by the government include treasury bills, notes, bonds, Real Return Bonds, Canada Savings Bonds, and provincial government securities. The annual government "deficit" is the difference between government receipts and spending. Revenue and spending{{Further|Taxation in Canada|Canadian federal budget}}HistoryCanada's federal debt grew steadily between 5% and 10% per year until 1975. For the next 12 years it grew on average over 20% per year. It surpassed $100 billion in 1981, $200 billion in 1985, $300 billion in 1988, $400 billion in 1992, and $500 billion in 1994. It peaked at $563 billion in 1997, before then declining to $458 billion by 2008. With a recession, and an increase in federal spending from 2008, the federal debt grew by $5.8 billion in 2008–09. Large annual deficits from 2008 to 2013 has Canadian debt surpassing the $600 billion mark by November 2012, making it larger than the 1997 peak in absolute dollars (although far smaller in comparison to GDP).
Foreign ownershipIn 1960, 4% of the Canadian government debt was held by foreign investors.[7] From 2009-2010 to 2013-2014, the amount of the Canadian's debt held by foreign investors passed from 15% to 27% with a peak at 30% in 2012-2013. Even if growing, this level is still lower than or comparable to most G7 countries in 2013-2014 (France, 64%, Germany, 62%, United States, 48%, Italy, 33%, United Kingdom, 29%, and Japan, 8%).[8][9] Debt held by Canadian governmentsThe Royal Bank of Canada publishes records of federal and provincial debt figures going back to 1981.[10] A comparison of the change in debt-to-GDP ratios of the provinces over a nine year period, as reported by the Fraser Institute.[11]
Calculating and projecting the debtIn 2002–2003, Canada changed its calculation for net debt. Before this, net debt was defined as the total liabilities minus total assets; now it is the total liabilities minus financial assets, as the government prefers the concept of "accumulated deficit", which corresponds to the old definition of net debt.{{citation needed|date=September 2018}} See also
Notes1. ^Canada's Debt History {{webarchive|url=https://web.archive.org/web/20091026151147/http://www.debtclock.ca/index.php?option=com_content&view=article&id=45&Itemid=42 |date=26 October 2009 }} Canadian Taxpayers Foundation 2. ^Inflation Calculator Bank of Canada 3. ^World Bank data 4. ^http://www.fin.gc.ca/afr-rfa/2014/report-rapport-eng.asp 5. ^1 http://www.fin.gc.ca/afr-rfa/2015/report-rapport-eng.asp 6. ^http://www.fin.gc.ca/afr-rfa/2017/report-rapport-eng.asp 7. ^Safaraian, A.E. The Hegemony of International Business, 1945–1970, Volume IV: Foreign Ownership of Canadian Industry. New York: Routledge, 1973. 12. 8. ^Department of Finance Canada, Debt Management Report 2011–2012, http://www.fin.gc.ca/dtman/2011-2012/dmr-rgd1201-eng.asp#Toc340732968 9. ^Department of Finance Canada, Debt Management Report 2013–2014, http://www.fin.gc.ca/dtman/2013-2014/dmr-rgd1401-eng.asp#toc12 10. ^{{cite web | url =http://www.rbc.com/economics/economic-reports/pdf/provincial-forecasts/prov_fiscal.pdf | title =Canadian Federal and Provincial Fiscal Tables | last = | first = | date = | website =Economic Reports | publisher =Royal Bank of Canada | access-date =17 March 2018 | quote = }} 11. ^{{Citation | last =Lammam | first =Charles | last2 =MacIntyre | first2 =Hugh | last3 =Ren | first3 =Feixue | last4 =Hasan | first4 =Sazid | title =The Cost of Government Debt in Canada, 2017 | publisher =Fraser Institute | series =Fraser Institute Research Bulletins | date =January 2017 | pages =16 | url =https://www.fraserinstitute.org/sites/default/files/cost-of-government-debt-in-canada-2017.pdf | issn =2291-8620}} References{{Reflist|2}}External links
2 : Economy of Canada|Canadian public debt |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
随便看 |
|
开放百科全书收录14589846条英语、德语、日语等多语种百科知识,基本涵盖了大多数领域的百科知识,是一部内容自由、开放的电子版国际百科全书。