Canada's Federal Debt is shrinking 1997 - 2007

I did a quick search on the federal government's financial website to see how our federal government's debt is doing. This is in comparison to what the U.S. government is doing.

CANADIAN FEDERAL GOVERNMENT DEBT
2008 - $455.1 billion (projected)
2007 - $467.3 billion
2006 - $481.5 billion
2005 - $499.9 billion
2004 - $501.5 billion
1997 - $562.9 billion

I am overwhelming pleased to see that Canada has paid down its debt $95 Billion over the last 10 years!!

This says that our economy has been strong, and that we've taken the responsibility of paying down the debt seriously.

I'd be curious to see if Canadian's individual personal debt has decreased over the same period.

In this case, Canada's setting a fine example of financial prudence for the U.S. government, who in spite of their strong economy, have increased their federal debt trillions over the last 10 years.

To Canada, I say, Congratulations on paying down your debt!