By Fraser Institute —— Bio and Archives--February 19, 2020
TORONTO—In fiscal year 2019-20, the Ontario provincial government will spend almost $13 billion on debt interest payments, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.
“Since the recession of 2008-09, Ontario’s provincial debt has more than doubled, increasing the interest costs paid by Ontario’s taxpayers,” said Jake Fuss, Fraser Institute economist and coauthor of Interest Costs and their Growing Burden on Canadians.The Comment section of online publications is the new front in the ongoing Cancel Culture Battle.
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