Canada's National Debt

In 1993, the Canadian Taxpayers Federation commissioned the construction of a giant debt clock – 12 feet long by 8-and-a-half feet high – with changeable faceplates for the federal and each provincial government. The clock displayed the per-second increase in debt along with the share for each Canadian family.
Debt ClockThe clock was toured around the country and made headlines everywhere it went. The clock went into temporary retirement once the federal government balanced the budget in 1997 and began paying down the federal debt.
Now we can reach more Canadians through debtclock.ca than we could by touring around a physical debt clock. But the message hasn’t changed.
In fiscal 2008-09 the debt clock climbed by $183.92 per second, taking our federal debt up to $463,700,000,000. After April 1, 2009, the clock, and our federal debt began growing by $1,772.58 per second. That’s $106,355 per minute, $6.4-million per hour, or $153-million every day! By March 31, 2010, Canada’s federal debt will hit $519,600,000,000. (more)