Interest payments on the federal debt are expected to equal $20.2 billion in 2020/21.
Blog - Fraser Forum
Last year was the first in at least 25 years that the province derived no revenue from petroleum royalties.
We recently asked our research staff and senior fellows for their thoughts on how Canada’s experience with COVID-19 and the related recession might permanently—at least the next five years—affect Canadians and our economy. In total, we received 19 submissions. Find below the final submissions as selected by our team (after adjusting for duplicates in certain areas such as trade and savings).
For now, the new wage subsidy program will cost $71 billion.
There were 4,588 overdose deaths in Canada in 2018.
Once you adjust for inflation and population growth, Alberta’s economy barely grew at all between 2008 and 2018.
Default risk and exchange-rate risk increase for foreign lenders as they increase their holdings of any government’s debt.
Provincial government debt-service costs are set to reach $13.2 billion this year.
Effectively, the CERB will now cost $40 billion, up from $15 billion.