#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 16

July 20, 2020 00:17:23
Episode Cover

#14.2 INTERVIEW Derek Sloan

We Speak to Conservative Party Leadership Candidate Derek Sloan Canadian Taxpayers sat down with Conservative Party of Canada leadership candidate Derek Sloan to talk...

Listen

Episode 106

August 10, 2022 00:22:34
Episode Cover

#106 You Get Inflation, Central Bankers Get Bonuses

You get inflation, central bankers get bonuses The Bank of Canada gave its employees $45 million in bonuses and pay raises in 2020 and...

Listen

Episode

December 03, 2025 00:49:50
Episode Cover

Devil In the Details: Carney's Pipeline Deal Hidden Cost NOBODY is Talking About | The Fighter

Alberta just got a big “maybe” from Ottawa, but what’s the real price tag? In this episode of The Fighter, Kris Sims breaks down...

Listen