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.
News at the Top – Liberals Flip Table Over We Charity Scandal Liberal MPs are shutting down committee meetings and filibustering to keep hundreds...
Balanced Budget Coming in … 2041 We have some good news and some bad news. The good news: The feds plan to balance the...
News at the Top – Conservative Candidates Pledge to Scrap Carbon Tax The Canadian Taxpayers Federation has secured signed pledges from all four candidates...