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  1. Ontario taxpayers must pay $21.2 billion in government debt interest this year

    Government debt imposes real costs on individual Canadians and their families in the form of interest payments. Governments must pay interest on their debt—it’s not a choice. And the more money governments spend on interest payments, the ...

  2. Annual interest on Canada’s government debt translates into $7,000 for a family of four

    Appeared in the Financial Post, January 19, 2017 It’s easy to think that government debt doesn’t matter. A prime example is the surprising lack of widespread media coverage of the federal government’s recent long-term projections of its finances over the ...

  3. The Cost of Government Debt in Canada, 2017

    Budget deficits and increasing debt are key fiscal issues as the federal and provincial governments prepare to release their budgets this year. Combined federal and provincial net debt has increased from $833 billion in 2007/08 to a projected $1.4 ...

  4. The Cost of Government Debt in Canada, 2016

    Budget deficits and increasing debt are key fiscal issues as the federal and provincial governments prepare to release their budgets this year. Combined federal and provincial net debt has increased from $834 billion in 2007/08 to a projected $1.3 ...

  5. The Cost of Government Debt in Canada

    A major theme of this year’s federal and various provincial budgets is continuing deficit spending and growing government debt. The result of recent deficits and debt accumulation is that the combined federal and provincial net debt has increased from ...

  6. A $243,000 bill courtesy of Canada's governments

    Appeared in the Winnipeg Free Press and Vancouver Sun Imagine receiving a credit card bill that totaled $243,476. This would no doubt be a shock for most Canadians. But if you add up all the liabilities of every Canadian government "federal, ...

  7. Canadian Government Debt 2014

    With Canadian governments having returned to deficit-financed spending, the growth in direct government debt has re-emerged as a serious public policy issue in Canada. The net direct debt of all three levels of government increased from $872.2 billion to ...