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 – The Great Reset Canada Really Needs Prime Minister Justin Trudeau has been talking about a great reset, but Canada...
The federal government won’t balance the budget until 2040, according to data released by the Parliamentary Budget Officer. Between now and the time the...
Governments are charging taxes on top of taxes when it comes to gas in Canada, and taxpayers are paying the price. In many provinces,...