debt interest

2:45AM
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Federal government should have taken own advice about debt accumulation

According to projections, the federal debt will increase by nearly 20 per cent over the next four years.


2:30AM
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Federal debt interest will consume nearly one quarter of income tax revenue in 2024

From 2015/16 to 2022/23, the government added more than $820 billion in gross federal debt.


2:30AM
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Spending restraint in Ottawa could help reduce inflation

Canada’s population is expanding by more than one million per year while housing starts are stuck below 250,000.


2:30AM
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Canadians in three provinces will spend roughly the same on debt interest as K-12 education

Provincial and federal net debt has increased by $1.0 trillion from 2007/08 to 2023/24.


2:30AM
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Federal government expected to break ‘David Dodge Rule’ on debt interest

According to government projections, federal debt interest costs in 2023/24 will reach $46.5 billion.


10:06AM
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Federal government debt interest costs nearly double in just two years

From 2021/22 to 2023/24, federal debt interest costs increased from $24.5 billion to $46.5 billion.


9:56AM
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Federal government points to misleading debt rankings to justify debt explosion

In reality, Canada’s government debt is high relative to other comparable countries.