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$55,000 Operating Deﬁcit Accumulated Debt achieve beneﬁt borrowing Canadas economy CANADIAN FOUNDATION capital gains cent target core rate Corporations costs create jobs debt and deﬁcit debt problem Deﬁcit reduction deﬁcit targets deﬁcits and debts distribute distribute Recommended distribute Recommended Program ECONOMIC EDUCATION economic growth Fact federal and provincial federal government ﬁnancial situation ﬁnd ﬁrst FOUNDATION FOR ECONOMIC future GDP ratio goal government believes government debt government has identiﬁed government spending House of Commons improve inﬂation inﬂuence interest payments interest rates investment job creation level of debt March 31 Minister of Finance Operating surplus Paul Martin Portion of Income Previous Debt proﬁts Real income Recommended Program Area revenue increases signiﬁcant small business Speciﬁcally spending cuts and/or spending reductions Structural unemployment suppose the household tax credit tax deduction/credit tax expenditures tax rate tax revenue Thinkabout Total Deﬁcit Total Expenses Total Revenues unemployment rate workbook