Ottawa is still owed $5.56 billion of outstanding debt related to COVID-19 benefits sent to those who were later deemed ineligible, according to data the Canada Revenue Agency provided to CBC News.
The credit was inked at a bargain rate of 0.5 per cent, but will be refinanced at above 5 per cent to hit taxpayers with an ...
NSW, Victoria, Queensland and South Australia will see their interest bills surge 25 per cent as ultra-cheap pandemic-era debt is refinanced at higher rates.
The Tribune and the University of Chicago’s Mansueto Institute examined how Illinois, Chicago and Cook County used aid ...
At the end of Q4, US national debt reached $38.51 trillion, having soared by yet another $2.30 trillion over the 12 months in the calendar year 2025, or by 6.3%. In Q4 alone, the debt rose by $877 ...
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