The Tender For Law

Volume 6

Jun 04, 2014 7:35 PM

Pete Daoust

Per capita adj. Latin for "by head," meaning to be determined by the number of people. To find the per capita cost, the total number of persons are added up and the bill, tax or benefits are divided equally among those persons.

Quebec debt "per capita"

I am NOT a fucking "capita", I am NOT a fucking "PEOPLE", and I am NOT a fucking "PERSON" :D

I am "ME", and I "have" a "capita" in my pocket :P

Read Comments

Chip Douglas

As of March 31, 2013, the Province of Ontario was $281 Billion in DEBT. But, $267.5 Billion of this 'debt' is listed as being owed to PUBLIC INVESTORS in "NOTE 3" of this link. Just who exactly would be considered these "Public Investors" listed here, Scott?

http://www.fin.gov.on.ca/en/budget/paccts/2013/13_cfs.html#note3

Chip Douglas

Note 12. Contingent Liabilities: Collateral The Province has entered into securities repurchase agreements and collateralized swap agreements with certain counterparties. Under the terms of those agreements, the Province may be required to pledge and/or receive assets relating to obligations to the counterparties. In the normal course of business, these pledged securities will be returned to the pledgor when there are no longer any outstanding obligations. As at March 31, 2013, the Province pledged assets in the carrying amount of $1.9 billion (2012, $2.6 billion), which are included in Investments and/or Cash and Cash Equivalents.

http://www.fin.gov.on.ca/en/budget/paccts/2013/13_cfs.html#note12

Chip Douglas

Should i find this odd Scott, that not only do the assets and liabilities of the Bank of Canada even out to the SAME amount, but that they even out to the same amount for at least the first FIVE months of the year on this link:

http://www5.statcan.gc.ca/cansim/pick-choisir?lang=eng&p2=33&id=1760010