At a very high level, just to do an abstraction of that, you've got about $1 trillion in debt, and so you're looking, on a steady-state basis, at 1% of $1 trillion.
On December 8th, 2020. See this statement in context.
On December 8th, 2020. See this statement in context.
December 8th, 2020 / 5:10 p.m.
Associate Assistant Deputy Minister, Financial Sector Policy Branch, Department of Finance
At a very high level, just to do an abstraction of that, you've got about $1 trillion in debt, and so you're looking, on a steady-state basis, at 1% of $1 trillion.
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