Not exact matches
In my
recent National Post column, I make reference to some
back -
of -
envelope calculations to the effect that replacing the fiscal anchor
of balanced budgets to one
of a fixed debt - GDP ratio allows the federal government to increase spending by 1.2 percentage points
of GDP, or by about $ 25 billion.
Mark Powell is known for his portraits and illustrations
of people and birds on vintage
envelopes dating as far
back as 1756, and with his most
recent series, the images do not disappoint.
Looking at its real estate portfolio — in a
back of the
envelope calculation, the average lease rate for the 38.4 million square feet leased by SuperValu is somewhere around $ 7.50 per square foot — based on capital structure and the most
recent cash flow from financing activities.