General Question

RedDeerGuy1's avatar

Can you show me a list of creditors for Canadian debt?

Asked by RedDeerGuy1 (24460points) March 7th, 2016

I think that we owe a half trillion dollars in debt. Whom do we owe it too? Can you show me names of organizations that Canada owes money to?

Observing members: 0 Composing members: 0

6 Answers

Response moderated (Unhelpful)
Response moderated (Unhelpful)
Response moderated
Response moderated (Unhelpful)
Response moderated
zenvelo's avatar

@RedDeerGuy1 That’s not quite how sovereign debt works. Sovereign debt is funded by issuing bonds, which are tradeable, and a list of holders most likely changes on a daily basis. And it may be held by Canadian banks as part of their reserves, and those reserves move from bank to bank.

Also, most of the bonds are probably held by domestic investors, such as pension funds.

zenvelo (39411points)“Great Answer” (2points) Flag as…

Answer this question

Login

or

Join

to answer.

This question is in the General Section. Responses must be helpful and on-topic.

Your answer will be saved while you login or join.

Have a question? Ask Fluther!

What do you know more about?
or
Knowledge Networking @ Fluther