Interest payments on government debt in Canada consume a sizeable share of government revenue, leaving less money for public priorities such as schools, hospitals, highways and lower taxes, finds a new study by Sean Speer, Charles Lammam, Milagros Palacios, Hugh MacIntyre, and Feixue Ren. The study, The Cost of Government Debt in Canada, spotlights the growth of government debt in Canada since the 2008/09 recession, and the cost of interest payments on government debt.