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Canada : Total Cumulative Debt Per Person (data needed) ...

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  • Canada : Total Cumulative Debt Per Person (data needed) ...

    Canada : Total Cumulative Debt Per Person (data needed) ...

    Source : http://hireme.geek.nz/US_Debt_Guesstimates.ods

    RSVP :
    mhev @ netzero.net (on autoforward) if you have numbers, or here is OK

    Max Keiser, moral problems -- if you don't care about the numbers:
    http://blip.tv/file/1943449

    Content and calculations thus far

    PROTOTYPE Known Data
    Notes & Sources

    Total Canadian Population 32,500,100 Millions of people via Canadian Census Clock
    guesstimate Total Canadian Working Population 27,625,085 Residents with tax generating income
    guesstimate Total Canadian Tax Paying Population 24,310,075 Residents “taxes > govt resources used”




    guesstimate Removal Working Population from % pop 15.00% Remove children, elderly & poor
    guesstimate Removal non-Tax Paying Pop from % Working Pop 12.00% Remove nominal tax payers
    estimate Governmental Interest Rate Average 4.55% Guesstimate
    estimate Commercial Interest Rate Average (non CC) 8.50% Guesstimate excluding Credit Cards
    estimate Consumer Interest Rate Average, housing 7.50% Guesstimate
    estimate Consumer Interest Rate Average, non housing 15.55% Guesstimate, mainly for credit cards




    estimate Canadian Federal Government Debt $5,301,010,000 Constant (2009) CAD
    estimate Provincial Government Debt $5,301,010,001 Constant (2009) CAD
    estimate Local Govt Debt (city, regional utility districts, etc) $5,301,010,002 Constant (2009) CAD
    estimate Consumer Housing Debt $5,301,010,003 Constant (2009) CAD
    estimate Consumer Credit Card Debt, Car Loan Debt etc... $5,301,010,004 Constant (2009) CAD
    estimate Commercial Sector Debt $5,301,010,005 Constant (2009) CAD




    subtotals Interest Incurred Debt (commercial, 5 years) $2,252,929,252 Constant (2009) CAD
    subtotals Interest Incurred Debt (consumer, 7 years) $8,553,179,641 Constant (2009) CAD
    subtotals Interest Incurred Debt (governmental, 20 years) $14,471,757,303 Constant (2009) CAD





    Debt Total $57,083,926,211 Constant (2009) CAD





    Implied outcomes

    subtotals Debt per person $1,756 What is owed per person
    subtotals Debt per working person $2,066 What is owed per working person
    subtotals Debt per (working) tax paying person $2,348 What is owed per tax paying person
    subtotals Debt per {Household} $4,906 Total owed per household (2.28 per House)
Working...
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