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1. Canadians pay the price for mounting government debt

   Ontario will spend an estimated $13 billion on government debt interest costs in 2020/21. ...

2. Federal and provincial government debt mounting quickly in Canada

   Due to persistent budget deficits in the decade following the 2008 recession and, more recently, the economic effects of COVID-19, government debt is rising rapidly across Canada. Hence, as budget season looms, it’s especially important ...

3. Trudeau floats false rhetoric on ‘new’ taxes

   Appeared in National Newswatch, September 3, 2020 Despite promising significant increases to already historically high spending, Prime Minister Trudeau recently pledged there will be no new taxes. This rhetoric is simply false. To pay for today’s spending ...

4. Ontarians—today and in the future—will pay the price for Ottawa’s debt

   At the end of fiscal year 2019, Ontario’s provincial government debt stood at $355 billion. For context, that’s more than $24,000 per Ontarian. With the COVID recession, this debt will grow further. Scotiabank Economics estimates a $36 ...

5. The Impact of Higher Interest Rates on the Cost of Servicing Government Debt

   An important fact to consider when assessing the medium-term fiscal plans announced by the federal and provincial governments is that interest rates are at historically low levels. A return to more normal levels would jeopardize promises for balanced ...