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Interest on federal debt—a growing problem
Interest payments on the federal debt are expected to equal $20.2 billion in 2020/21. ...
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The evolution of federal debt interest costs in Canada
The federal government has seemingly ditched the debt-averse approach that largely prevailed in Ottawa since the mid-1980s. ...
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Federal and Provincial Debt-Interest Costs for Canadians
In recent years, deficit spending and growing government debt have become a trend for many Canadian governments. Like households, governments are required to pay interest on their debt. In aggregate, the provinces and federal government are ...
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Canadians pay the price for mounting government debt
Ontario will spend an estimated $13 billion on government debt interest costs in 2020/21. ...
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The Growing Debt Burden for Canadians: 2021 Edition
Budget deficits and increasing debt have become serious fiscal challenges facing the federal and many provincial governments recently. Since 2007/08, combined federal and provincial net debt (inflation-adjusted) has doubled from $1.0 trillion to a ...
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Federal finances remain vulnerable to fluctuating interest rates
Appeared in Calgary's Business, August 20, 2020 There’s been a lot of movement in Ottawa lately, including Bill Morneau’s resignation as federal finance minister, with Chrystia Freeland taking his place. Unfortunately, the Trudeau government’s recent ...
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Interest Costs and their Growing Burden on Canadians
In recent years, deficit spending and growing government debt have become a trend for many Canadian governments. Like households, governments are required to pay interest on their debt. These interest payments consume resources that could have ...