debt interest

9:56AM
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Concerns over household debt in Canada are overblown

Interest payments on household debt consume 6 per cent of disposable income compared to almost 11 per cent in 1990.


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Ontario will add $34 billion in debt over the next three years.

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The province's net financial debt will climb by $35.4 billion between now and 2019/20.


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Ontario’s debt is expected to rise by approximately $34 billion over the next three years.

8:41AM
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Ontario taxpayers on the hook for billions in government debt interest
The total government debt-servicing costs for Ontarians in 2016/17 is a projected $21.2 billion.

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In the debate over whether the Alberta government should reduce and reform spending to cushion the blow from falling revenues, some claim higher taxes will balance the books.