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

President

STAY UP TO DATE

SUPPORT THE FRASER INSTITUTE

The Fraser Institute has been ranked the #1 think tank in Canada, and the 14th best think tank out of more than 8,200 around the world! We keep Canadians – and decision-makers! – informed.

But we are only as strong as our supporters. We do not accept government grants or payments for research - we depend on individuals like you to continue our good work! We are a charity - your donation entitles you to a generous tax credit at tax time!

Contact Us [[link removed]] Privacy Policy [[link removed]] Unsubscribe [link removed] The Fraser Institute's mission is to improve the quality of life for Canadians, their families and future generations by studying, measuring and broadly communicating the effects of government policies, entrepreneurship and choice on their well-being. Email is one of the best tools we have to accomplish these goals. If you no longer wish to receive e-mail updates from us, click here to unsubscribe [link removed].

Fraser Institute 4th Floor, 1770 Burrard Street Vancouver, BC V6J 3G7