The Tyee – If Every Norwegian’s a Millionaire, Why’s Alberta in Hock?
▻http://thetyee.ca/Opinion/2014/01/15/If-Every-Norwegians-a-Millionaire-Whys-Alberta-in-Hock
via @cdb_77
Feeling poor? A recent news item showed that Norway’s massive pot of petroleum money, now totaling CA$909.364 billion, has made every citizen a millionaire in Norwegian kroner. That works out to about $178,000 for every man, woman and child in the country. By contrast, every Canadian lumbers under an individual debt of $17,000 as Ottawa is in hock to the tune of $600 billion.