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RedDeerGuy1's avatar

Can you show me a list of creditors for Canadian debt?

Asked by RedDeerGuy1 (24892points) March 7th, 2016

I think that we owe a half trillion dollars in debt. Whom do we owe it too? Can you show me names of organizations that Canada owes money to?

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zenvelo's avatar

@RedDeerGuy1 That’s not quite how sovereign debt works. Sovereign debt is funded by issuing bonds, which are tradeable, and a list of holders most likely changes on a daily basis. And it may be held by Canadian banks as part of their reserves, and those reserves move from bank to bank.

Also, most of the bonds are probably held by domestic investors, such as pension funds.

zenvelo (39545points)“Great Answer” (2points) Flag as…

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