This suggests a return to the normalized rate of 5.5 %, which would result in Ontario's annual interest costs moving from $ 12 billion to $ 13 billion and climbing to $ 17 billion once all debt is refinanced. (canadianbusiness.com)
This will save close to $ 800k in annual interest costs. (foragerfunds.com)
At that point, assuming the bridge that lasts 50 years, the government would charge the federal budget $ 100 million a year for 50 years, along with the annual interest costs associated with the borrowing. (3dpolicy.ca)