• Canada's Debt Based Monetary System

    This is a rather lengthy article about the Canadian Monetary system. It's a rather lengthy piece but has quite a bit of information.

    Interesting Facts:
    ? Total debt of all levels of Canadian government, individuals, and corporations is $2.27 trillion dollars
    ? Only $38 billion is legal tender
    ? Canada has a total money supply (credit supply) of 800 billion dollars

    How The Debt Based Monetary System Functions in Canada
    Contributed by: whelan costen

    Canada Sovereignty is directly tied to our ability to fund our nation. Suffering under $500-billion in unnecessary debt must be addressed. Here is an explanation as to how we got here and what we can do about it.

    Article Created: 2005-08-29
    Article Updated: 2009-05-15

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