Quebec

Percent of Tax Dollars Spent on Interest:

12.5%

Annual Interest Bill:

$10.1 Billion

Percent of Tax Dollars Spent on Interest:

12.5%

Projected Increase in Debt (2016-17):

$1.5 Billion

Previous Year's Increase in Debt (2016-16):

$1.5 Billion

Useful Facts and Analysis (Quebec):

  • The government has wasted $186 billion on interest since 1990.
  • The debt increases by $4,013,689.25 a day, $2,787.28 a minute and $46.45 a second.  
  • The Quebec 2016-17 budget can be viewed HERE.