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March 1st, 2011 10:04 pm EST

Canadian Taxpayers Federation Currently on a Cross-Country Tour With the Canada Debt Clock




Like in many countries around the world, Canada's public debt load has been rapidly increasing since the start of the "Great Recession" back in late 2007/early 2008.

Many Canadian citizens share a common fear with their neighbors to the south - the rapidly rising debt burden of their beloved country.

In Canada, a group called The Canadian Taxpayers Federation has actually embarked on a cross-country trip to bring awareness to their country's "debt problem".

To help bring awareness to their cause, the Canadian Taxpayers Federation have brought along a friend for the 8,800 kilometer trip - the Canada Debt Clock.




The cross-country tour, which started in Victoria, BC, has already run into a snag.

According to the Canadian Taxpayers Federation, the group was barred from bringing the debt clock (which is housed in a small trailer) to Parliament Hill. Parliament Hill is located in Ottawa, Ontario, which is the capital of Canada.

The setback will apparently not be stopping the Canadian Taxpayers Federation from traveling across Canada.

Canada currently has a public debt load of approximately $560 billion, which means that every man, woman and child in the country owes nearly $17,000 as their share of the debt.

Maybe it's time that somebody organized something similar in the United States?

Source: Torontosun.com - Government Doesn't Want To See How Much It Owes



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