debt interest

12:30PM
Printer-friendly version
Canada unlikely to meet NATO commitments without significant debt accumulation

Because of its own failures to responsibly manage the nation’s finances, Canada is in a weak fiscal position to increase defence spending.


2:45AM
Printer-friendly version
Federal government should have taken own advice about debt accumulation

According to projections, the federal debt will increase by nearly 20 per cent over the next four years.


2:30AM
Printer-friendly version
Federal debt interest will consume nearly one quarter of income tax revenue in 2024

From 2015/16 to 2022/23, the government added more than $820 billion in gross federal debt.


2:30AM
Printer-friendly version
Spending restraint in Ottawa could help reduce inflation

Canada’s population is expanding by more than one million per year while housing starts are stuck below 250,000.


2:30AM
Printer-friendly version
Canadians in three provinces will spend roughly the same on debt interest as K-12 education

Provincial and federal net debt has increased by $1.0 trillion from 2007/08 to 2023/24.


2:30AM
Printer-friendly version
Federal government expected to break ‘David Dodge Rule’ on debt interest

According to government projections, federal debt interest costs in 2023/24 will reach $46.5 billion.


10:06AM
Printer-friendly version
Federal government debt interest costs nearly double in just two years

From 2021/22 to 2023/24, federal debt interest costs increased from $24.5 billion to $46.5 billion.