VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 15, 2014) - On Monday, August 18, the Fraser Institute will release a new study examining how much federal and provincial governments are spending on interest payments to service their debt.
The study, The Cost of Government Debt in Canada, spotlights government debt, the growing interest payments, and contrasts the interest payments to what governments spend on key government programs.
"Whether you're talking about a household or a government, debt requires you to pay interest, which leaves less money for other priorities," said Sean Speer, study co-author and associate director of the Fraser Institute's Centre for Fiscal Studies.
A news release (in English and French) with additional information will be issued via Marketwired on Monday, August 18 at 6:30 a.m. (Eastern).
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The Fraser Institute is an independent Canadian public policy research and educational organization with offices in Vancouver, Calgary, Toronto, and Montreal and ties to a global network of think-tanks in 87 countries. Its mission is to measure, study, and communicate the impact of competitive markets and government intervention on the welfare of individuals. To protect the Institute's independence, it does not accept grants from governments or contracts for research. Visit www.fraserinstitute.org.