Jayson Lowe breaks down Canada's government finances, showing 2014 expenses of 280 against revenues, leaving a 1.9 profit. At that rate, it would take 538 years to pay off the national debt.
2014
280 (units not specified in the clip)
1.9 (units not specified in the clip)
538 years
So who is this management team? I think without a surprise, it's actually the Canadian government, and more specifically, the Canadian Liberal government. What's really important to see is how serious is this situation. Now, if we take a look at the revenues in 2014, this was with the Conservative government in the past, and the expenses of 280, that profit is 1.9. So that 1.9 is if we divide $1,900,000 into the 1,024. Okay, this is very simple math. It would take at this pace 538 years to pay off this debt. Now, if there was a loss in every single year, I can't even make that calculation to show you when that debt would be paid back. So we don't even know when it would get paid back.
