Ontario spends about nine per cent of all revenue on government debt-service payments.
December 11, 2018 10:55AM
July 6, 2018 11:19AM
Alberta now has a net debt position of $30 billion.
June 18, 2018 1:59PM
Alberta’s days of having unusually low debt servicing costs are coming to an end.
May 10, 2017 12:27PM
Ontario carries a debt burden close to 40 per cent of GDP.
January 31, 2017 5:01AM
Provincial debt servicing costs now total approximately $1 billion this year and constitute 2.4 per cent of total provincial revenues.
January 6, 2014 2:00AM
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. Borrowing to pay for current consumption brings interest payments, and ultimately, the need to pay off principal balances. Most Canadians are intimately familiar with this reality when it comes to their household finances. But this same reality also applies to governments. As taxpayers, Canadian families are also responsible for interest on government debt. And these payments are significant.