Public Debts In Canada

Michael Piva's book traces the history of Canadian public debt from before 1840 to Confederation, with particular focus on the Canadian government's policies and management in relation to that debt. This work is the first study of public finance that goes well beyond an analysis of Canadian public accounts. Piva presents a clear and thoughtful interpretation of facts and events that has some application even for modern-day deficit financing and GST.

As the majority of Canadians are now spending much more than they make, their debt levels are reaching crisis proportions. Excluding mortgage debt, the average Canadian owes over $25,000 in consumer debt, which poses massive risks not only for the individuals carrying that financial load, but for our entire financial system. In Crushing Debt, bestselling author David Trahair (Enough Bull) warns Canadians that consumer debt is becoming an urgent problem but one that can be solved. Trahair clearly outlines the evils of debt and how easy it is for debt to spiral out of control with examples of real-life stories of debt disasters. If you are a Canadian who is already struggling with debt, Crushing Debt will motivate you to face your financial problems and will show you step-by-step the most appropriate solution to getting out of your personal debt hell. Filled with proven advice, Crushing Debt is a call to action on an urgent and debilitating problem for far too many Canadians.