debt interest payments

1:59PM
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Per person cost of servicing Alberta debt increasing by roughly $100 per year

Alberta’s days of having unusually low debt servicing costs are coming to an end.


11:52AM
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Ontario now adding debt even faster than before

This year, the government expects to add $16.8 billion to the province’s net debt.


3:00AM
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This year, Ontario’s debt is expected to climb by $10 billion.

5:01AM
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Provincial debt servicing costs now total approximately $1 billion this year and constitute 2.4 per cent of total provincial revenues.

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.

3:00AM
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The more money governments spend on interest payments, the less money is available for programs and services.

11:41AM
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Annual interest on Canada’s government debt
Ottawa can expect to run deficits every year from now until 2051, racking up at least $900 billion in new debt.