jnjaa
New Member
Posts: 8
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Post by jnjaa on Dec 8, 2010 20:52:48 GMT -5
Europe was a mess after the war ended in November 11, 1918. Around 15 million soldiers and civilians were dead and millions more had been wounded. The war cost the nations $ 280 137 00. The portion of cost that Canada received was less than Europeans. How, though, did Canada pay for these costs, was it mainly in taxes or what? Other costs which they faced was not only money it was also human cost- total deaths was 59 544 total injuries was 172 950 I wonder if people who volunteered for war really knew what they were getting into. Because they would have suffered the un imaginable, I think war back in those days would have been the most awful thing. Then again I"m sure that many people were fighting for their country.
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Post by Mr. Delainey on Dec 14, 2010 17:05:50 GMT -5
The Income Tax Act that Borden successfully passed in 1917 made it possible for the Federal Government to generate the funds necessary to pay for the Great War.
However, World War II came along only 20 years later and it was considerably more expensive. I'm not entirely sure if we've paid off this debt (accrued during WW2) or not...
I know we have a debt right now but this is in some form or fashion a result of health-care spending, infrastructure spending, etc.
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