#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 109

July 29, 2022 00:36:42
Episode Cover

#105 INTERVIEW Dr. Geist on C-11 Censorship

The Trudeau government’s Bill C-11 is posing a threat to the free flow of online information in Canada. Ontario Director Jay Goldberg and Federal...

Listen

Episode 103

December 30, 2021 00:32:15
Episode Cover

#99 Julie Payette Tops 2021 Taxpayer Naughty List

#99 Julie Payette Tops 2021 Taxpayer Naughty List Franco Terrazzano is spreading some Christmas cheer and also some coal with our 2021 Naughty and...

Listen

Episode 150

July 05, 2024 00:25:18
Episode Cover

#150 Carbon tax costs $12 billion

The Trudeau government’s own data shows the carbon tax will cost Canada’s economy $12 billion this year. By 2030, the carbon tax will cost...

Listen