『Making Money Minute - November 6, 2026』のカバーアート

Making Money Minute - November 6, 2026

Making Money Minute - November 6, 2026

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概要
 Making Money Minute with Ron Hiebert - Debt Servicing Costs In 1995, Canada was teetering on the edge financially. For every dollar the government took in, it shelled out 35 cents to service the countries debt. Then under the austerity programs of both the Chrétien and Harper governments, Canada cleaned up its act. Debt service costs fell over 80%. Even with a covid pandemic and trade war forcing the government to spend more money, today we are still only shelling out 11 cents on the dollar for debt service - which is still manageable. The country to watch is the US. The amount of cash needed to service their debt is twice Canada’s and that number is expected to quickly reach the 30% danger zone. For more information listen to our Making Money podcast with Ron Hiebert and Graham Hicks at letsmakemoney.ca or CFCW.com.
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