BC

$2.7 Billion 

Annual Interest Bill:

$2.7 Billion 

Percent of Tax Dollars Spent on Interest:

6.5%

Projected Increase in Debt (2016-17):

$2.2 Billion

Previous Year's Increase in Debt (2015-16):

$2.3 Billion

Increase in Debt Since the Year 2000:

71%

Debt-to-GDP Ratio:

26.6%

Useful Facts and Analysis (British Columbia):

  • Debt includes $24 billion borrowed by provincial agencies the province deems "self-supporting" (such as BC Hydro). 
  • The BC 2016-17 budget can be viewed HERE.