These statistics kind of make me feel all warm inside now that I reside in Canada. I don’t particularly like debt at any level, personal or national.
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The intent of this article is to compare the net wealth of selected nations. The net wealth figures (actually labeled as ‘Net Debt’) for the G-7 nations (US, Japan, Germany, UK, France, Italy and Canada) can be found on the International Monetary Fund website here. It should be noted that all of the G-7 countries have greater government liabilities than assets.
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