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1. 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 ...

2. Interest payments on government debt a painful reminder that there are no free lunches

   Appeared in the New Glasgow News, Red Deer Advocate, and Waterloo Region Record, January 2014 With the holiday season now behind us, the oncoming flood of credit statements to Canadian households is a powerful reminder that there are no free lunches. ...