Another $150,000 please

Veldhuis, Niels; Palacios, Milagros
July 2008
Fraser Forum;Jul2008, p12
Academic Journal
The article reports on the taxpayers' unfunded liabilities totaling to $1.3 trillion in Canada. It reveals that Canadian government has an estimated of around $150,211 debt and unfunded program obligations such as the Old Age Security (OAS) program, a pension benefit intended for poor retirees. The public hopes that the government would develop alternative solutions to reform government programs such as Medicare and OAS.


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