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“I am a Canadian, free to speak without fear, free to worship in my own way, free to stand for what I think right, free to oppose what I believe wrong, or free to choose those who shall govern my country. This heritage of freedom I pledge to uphold for myself and all mankind.” ~~ John G. Diefenbaker

Government debt interest costs $2,064 per BC resident (Business in Vancouver)


Government debt is draining thousands of dollars from British Columbians each year—in interest alone, warns a Vancouver-based think tank.

BC will spend nearly $4.4 billion in interest on provincial government debt in the 2024–25 fiscal year, or 5.3 per cent of its revenue, according to the Fraser Institute’s Federal and Provincial Debt Interest Costs for Canadians, 2025 edition, published last week.

On top of nearly $7.4 billion in federal interest costs, the combined total reaches $11.8 billion, the third highest in the country.

“Interest payments are now a considerable budget expense for the federal and many provincial governments”  ...

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