The Government of Canada has an estimated debt of $640 Billion.They are projecting that in the next
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Question:
The Government of Canada has an estimated debt of $640 Billion.They are projecting that in the next several years they will have deficit budgets with smaller and smaller deficits each year. Explain the difference between the debt and budget deficit.What will happen to the debt over the next several years because of smaller and smaller deficits?
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