The Montreal Economic Institute (MEI) released a statement yesterday alarming us all to the fact that around 7PM today, Québec’s public debt surpassed $280 billion dollars. As if that figure wasn’t staggering enough – and literally incomprehensible to most of us – the MEI’s statement was quick to add that public debt is also growing to the tune of about $8 billion per year.
Source: http://www.lifeinquebec.com/reading-government-debt-20911/