From Niels Veldhuis <[email protected]>
Subject What happens if interest costs return to 2019-20 levels?
Date June 29, 2021 7:59 PM
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Dear John,

A new Fraser Institute study out today answers a simple question: what would happen to government interest costs and budgets if interest costs returned to the near-historically low levels of 2019-20?

The federal government and every provincial government (except New Brunswick) would experience an increase in interest costs in fiscal year 2021-22.

Combined, these costs would rise from $53.6 billion to $70.6 billion – an increase of 31.7%. The federal government faces the greatest risk of higher interest costs.

Get all the details here [[link removed]], and be sure to share it on social media!

Stay safe,

Niels Veldhuis




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