It's concerning that such a large sum is going towards debt interest charges instead of other important areas like healthcare and taxes.Talking about debts, by 2026, the feds will need to pay $153 billion in debit interest charges (nearly $4000 per Canadian). Instead of that money going towards healthcare and lower taxes, it's going to the pockets of bond fund managers.
https://paherald.sk.ca/2021/05/13/canadians-sinking-under-a-1000000000000-debt/