Thanks for the welcome Sparks...this place is so wonderful to drop into now and again and have some good debates! One person that could REALLY answer your question would be my son, 'Cujo'...I am embarrassed to admit that my knowledge of the Canadian debt issues and politics are limited...I know that our banks have very tight borrowing policies...which probably helped somewhat...and we are taxed quite a bit...we have a GST tax and a PST(provincial) tax and now a replaced combined provincial/Canadian HST tax...so we are taxed A LOT to cover the expenses of the Health Care coverage etc...but people with lesser incomes get a mini tax refund periodially to help them...
That is embarrassing to admit the best that I can answer your question...I am sure that other Canadians ...AlaricM for excample could answer this question better...or Spidey...