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Canada is actually $547,447,000.00 in debt.
If you move from Canada to the US and have bad debt in Canada will it effect your credit in the US?
Someone can learn how to reduce debt from a number of websites such as Debt Canada. Debt Canada provides individuals and businesses with debt counselling services.
Debt has no borders, so your debt will follow you around the world. Moving to Canada will make no difference.
The level of national debt is controlled by Congress in the United States.
no
If no legal action is being taken against them and they have the money or ability to pay the debt then maybe. Each case needs to be looked at on it's own. He cannot use Canada to hide from his debt.
There are several acclaimed debt collection service companies in Toronto, Canada. These companies include but are not limited to the Global Collection Consultants Debt Collection Services and the Ontario - Toronto Canada Debt Collection Agency Services.
No.
The US has far greater tax revenues and spending power, but they're also now trillions of dollars in debt.
575 Billion Dollars total Canadian Debt as of April 2011
If for example your country has high public debt-GDP ratio. What steps would you recommend to lower public debt to manageable level?