Quebec: A poor little rich province
'Paradise for families' boasts best services and highest debt load
"I don't think there is any place in the world panicking as much on the question of debt as Quebec," said economist Louis Gill.
The reason for this, as Quebec prepares to unveil another deficit budget March 30, is simple: it is Canada's most indebted province.
Worse, using the measurement of the Organization for Economic Co-operation and Development, it's also the fifth-most indebted jurisdiction in the industrialized world, far beyond Canada and the U.S..
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