#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

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

Episode 63

March 24, 2021 00:26:33
Episode Cover

#59 Trudeau Sets No-Budget Record, Lockdowns Postpone Surgeries, Canadians Billed to Study Abandoned Barn

News at the Top – Trudeau Sets No-Budget Record Even though the federal budget has been announced for Apr. 19, the Trudeau government has...

Listen

Episode 175

February 11, 2025 00:33:39
Episode Cover

#175 Carney’s carbon tax and tariffs

Liberal leadership front-runner Mark Carney wants you to think he’s scrapping the carbon tax. But he wants to impose carbon taxes on businesses and...

Listen