debt interest payments

3:00AM
Printer-friendly version

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


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

8:41AM
Printer-friendly version
The total government debt-servicing costs for Ontarians in 2016/17 is a projected $21.2 billion.

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

11:41AM
Printer-friendly version

Ottawa can expect to run deficits every year from now until 2051, racking up at least $900 billion in new debt.


2:50PM
Printer-friendly version

Ontario will run its eighth consecutive budget deficit in 2015/16, with a projected $7.5 billion shortfall.