I was watching a program on television last night which claimed that
General Motors debt was two/thirds that of Canada's total debt.
Frankly i find this hard to believe. Can someone give me the actual
debt figures for both entities?
Yours Faithfully
DPRK007

GM debt:  $290 billion as of September 30, 2004 ("GM's Debt Crisis" By
Daniel Gross moneybox (December 21, 2004)
http://slate.msn.com/id/2111294/

"The [Canadian] federal debt (accumulated deficit) was $501.5 billion
in 2003?04" ("Annex 1 Canada?s Fiscal Progress" Department of Finance,
Canada (November 17, 2004) http://www.fin.gc.ca/ec2004/eca1e.html).

Based on these numbers, GM's debt is 58% of Canada's, so the numbers
in the television program were probably accurate.  Canada's debt has
probably been decreasing, whereas GM's has probably been increasing,
since these numbers were published.

Sincerely,

Wonko