Manitoba’s debt per person nears $25,000, new report finds

Caption: The Canadian Taxpayers Federation has released a report warning that Manitoba’s rising debt is costing taxpayers billions in interest payments, now consuming 21 per cent of tax revenues and amounting to about $24,831 per person.

The Canadian Taxpayers Federation (CTF) is sounding alarm bells over what it calls Manitoba’s “ballooning debt crisis,” releasing a report Wednesday showing the province is paying billions in interest while continuing to borrow heavily.

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The report highlights a sharp rise in provincial debt over the past decade and warns that interest payments alone are consuming a growing share of government tax revenues, money that could otherwise be spent on services such as health care and education.

“Billions of taxpayers’ dollars are being waste