This year the Ontario government will spend more on debt interest costs than on post-secondary education
Interest Costs and their Growing Burden on Canadians
By Fraser Institute —— Bio and Archives--February 19, 2020
Canadian News, Opinion | Comments | Back To Full Article
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.Welcome to CFP’s Comment Section!
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