#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 9

June 15, 2020 00:22:21
Episode Cover

#9 Meghan and Harry’s Security Bills Released, Charmaine Stick’s Case Back in Court, and Quebec Government Pays Severance for Lobbyists

News at the Top – Meghan and Harry’s Security Bills The Canadian Taxpayers Federation has the exclusive report on RCMP bills to protect the...

Listen

Episode 130

April 15, 2023 00:45:56
Episode Cover

#130 Trudeau saving money wrong

The Trudeau government told taxpayers it would save money in budget 2023. Here’s a pro-tip for the government: if you increase spending by $85...

Listen

Episode 43

December 09, 2020 00:24:15
Episode Cover

#39 How High Can Carbon Taxes Go, Trudeau Broke Our Debt Clock, and Corporate Welfare A World Away

News at the Top – How High Can Carbon Taxes Go? Just how high can carbon taxes go? Our Alberta Director Franco Terrazano and...

Listen