#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 149

June 28, 2024 • 00:30:09
Episode Cover

#149 Government living high on the hog

Prime Minister Justin Trudeau and his entourage billed taxpayers more than $220,000 for airplane food during their week-long tour of the Indo-Pacific last September....

Listen

Episode 104

January 25, 2022 • 00:23:44
Episode Cover

#100 Feds Study A Tax They Say They Won’t Collect

Calgary Arena Deal Collapse Saving Residents Millions A $635 million stadium deal in Calgary has fallen through, and that’s a good thing for taxpayers. ...

Listen

Episode 52

January 27, 2021 • 00:27:06
Episode Cover

#48 Payette Getting Paid for Life, Trudeau’s Second Carbon Tax, and Costa Rica Vacation Costs Revealed

News at the Top – Payette Getting Paid for Life Former Governor General Julie Payette is still eligible for a $200,000-expense account and that...

Listen