{"id":930666,"date":"2026-10-12T20:58:13","date_gmt":"2026-10-12T20:58:13","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/930666\/"},"modified":"2026-10-12T20:58:13","modified_gmt":"2026-10-12T20:58:13","slug":"higher-yields-could-add-11-2-billion-to-ottawas-interest-costs-by-2030","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/930666\/","title":{"rendered":"Higher yields could add $11.2 billion to Ottawa\u2019s interest costs by 2030"},"content":{"rendered":"<p>October 12th, 2026, 12:05PM<\/p>\n<p>This year\u2019s rise in bond yields could add approximately $11.2 billion to Ottawa\u2019s annual interest bill by 2029\u201330 if higher borrowing rates persist, according to Desjardins Economics.<\/p>\n<p>The analysis projects federal interest expense rising from $50.9 billion in 2025\u201326 to $62.1 billion in 2029\u201330, as older, lower-cost debt matures and is refinanced at higher rates.<\/p>\n<p>The projections assume this year\u2019s increase in bond yields is permanent, Ottawa maintains its current debt management strategy and deficits broadly follow Budget 2025 projections.<\/p>\n<p>Despite the added expense, Desjardins said the increase, equivalent to approximately 0.3% of 2025 GDP by 2030, would not be large enough to significantly alter Canada\u2019s fiscal outlook.<\/p>\n<p><a href=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/10\/Desjardins-Economics-bond-yield-costs.jpeg\" target=\"_blank\" rel=\"noopener\"><img fetchpriority=\"high\" decoding=\"async\" aria-describedby=\"caption-attachment-88769\" class=\"wpa-warning wpa-image-missing-alt wp-image-88769\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2026\/10\/Desjardins-Economics-bond-yield-costs.jpeg\" alt=\"\" width=\"1000\" height=\"489\" data-warning=\"Missing alt text\"  \/><\/a><\/p>\n<p id=\"caption-attachment-88769\" class=\"wp-caption-text\">Source: Desjardins Economics<\/p>\n<p>Visited 55 times, 55 visit(s) today<\/p>\n<p class=\"modified small cntr\" itemprop=\"dateModified\">Last modified: October 12, 2026<\/p>\n","protected":false},"excerpt":{"rendered":"October 12th, 2026, 12:05PM This year\u2019s rise in bond yields could add approximately $11.2 billion to Ottawa\u2019s annual&hellip;\n","protected":false},"author":2,"featured_media":930667,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[45,49,48,46],"class_list":["post-930666","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-ca","tag-canada","tag-economy"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/930666","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=930666"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/930666\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/930667"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=930666"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=930666"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=930666"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}