Letters May 31, 2023: 'National debt just isn't the same as personal debt.'

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Letters May 31, 2023: 'National debt just isn't the same as personal debt.'
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Calgary Sun Letters to the Editor for May 31, 2023

It’s frustrating that many people don’t understand the difference between personal debt and national debt. Many will say that government debt is a massive amount of money that all Canadians must collectively pay off , but actually most of this debt is held by Canadians who hold government securities. Yes, Canada is in debt to itself. The government also has many monetary tools to manage this debt which personal borrowers do not have.

You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails or any newsletter. Postmedia Network Inc. | 365 Bloor Street East, Toronto, Ontario, M4W 3L4 | 416-383-2300A welcome email is on its way. If you don't see it, please check your junk folder.We encountered an issue signing you up. Please try againThe suggestion that the feds pay to clean up the orphan oil wells in Alberta is ridiculous.

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