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Federal and Provincial Debt-Interest Costs for Canadians, 2023 edition

Ontarians will pay $27 billion on interest costs in 2022—nearly equivalent to what the province will spend on hospitals


TORONTO—Ontarians will spend more on federal and provincial interest costs in 2022-23 than what the province spends on hospitals, finds a new study published by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.

“Interest must be paid on government debt, and the more money governments spend on interest payments the less money is available for the programs and services that matter to Ontarians,” said Jake Fuss, associate director of fiscal studies at the Fraser Institute and author of Federal and Provincial Debt Interest Costs for Canadians, 2023 edition.

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By IBoat on 2023 02 02

Your guberment is just as CORRUPT as our own here in the U.S.



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