#144 Debt interest = $1 billion/week

Episode 144 April 23, 2024 00:43:10
#144 Debt interest = $1 billion/week
Canadian Taxpayers Podcast
#144 Debt interest = $1 billion/week

Apr 23 2024 | 00:43:10

/

Show Notes

Welcome to Canada, where you pay a federal sales tax so Prime Minister Justin Trudeau can cover the interest payments on his government’s credit card.

That’s literally what’s happening. Interest charges on Canada’s debt will be $54 billion this year. GST revenues will be $54 billion.

On top of soaring interest charges, the federal budget includes massive deficits, a tax hike, the doubling of the national debt, and no plan to balance the budget.

We break down what you need to know about the federal government’s 2024 Budget. All that and more in this week’s Canadian Taxpayers Podcast.

Other Episodes

Episode 170

December 21, 2024 00:23:20
Episode Cover

#170 Trudeau’s four-day trip, $71,000 food bill

Prime Minister Justin Trudeau’s four-day trip to Europe in June cost taxpayers almost $1 million. Trudeau and his 40-person entourage spent $71,000 on food!...

Listen

Episode

December 20, 2022 00:40:36
Episode Cover

#121 Trudeau subsidizes 391 dead people

  Trudeau subsidizes 391 dead people   The Trudeau government spent at least $32 billion on suspicious or ineligible COVID-19 payments. The government handed out COVID-19...

Listen

Episode 160

October 09, 2024 00:27:28
Episode Cover

#160 Taxpayers fight equalization in the court

The Canadian Taxpayers Federation is joining the fight against Newfoundland and Labradors’ legal bid to increase federal equalization payments. We’re getting into this court...

Listen