federal government debt

1:31PM
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Higher interest rates associated with government borrowing act like an implicit tax

Default risk and exchange-rate risk increase for foreign lenders as they increase their holdings of any government’s debt.


3:08PM
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Interest on government debt—a costly problem for the Rock
Provincial interest payments are projected to equal $2,675 for every man, woman and child.

2:59PM
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Atlantic Canadians carry large government debt burden

Newfoundland and Labrador has the highest per-person total government debt among the provinces at $48,478.


10:07AM
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Canadians paying dearly for government debt in Canada

Ottawa is expected to spend $24.4 billion on federal government debt interest costs in 2019/20.


2:16PM
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Government policies hurting—not helping—on several fronts

The Trudeau government projects a $26.6 billion deficit for 2019-20.


10:53AM
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Trudeau sets another record—and not in a good way

Ottawa’s total debt will hit a projected $1.2 trillion in 2019.


3:04PM
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Government debt—the burden on Albertans continues to grow

Alberta’s portion of the federal debt totals approximately $135 billion.


10:50AM
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Morneau seems uninterested in perilous state of federal finances
The federal deficit this year will increase from original budget estimates of $19.8 billion to $26.6 billion.

3:43PM
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Ottawa and the provinces have a big debt problem

Today’s federal-provincial net debt breaks down to $39,483 of government debt for every man, woman and child in Canada.