#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 179

April 05, 2025 00:40:10
Episode Cover

#179 Defeating the carbon tax activists: Here’s why Canada must scrap ALL carbon taxes

Get your copy of Axing the Tax: The Rise and Fall of Canada’s Carbon Tax: https://amzn.to/3QZLjgp

Listen

Episode

January 20, 2026 00:34:38
Episode Cover

“Taxpayers are getting SOAKED”: New report shows the cost of Ottawa’s bureaucracy

“Taxpayers are getting SOAKED.” A new report shows the massive cost of Ottawa’s bloated bureaucracy. The cost of the federal bureaucracy increased 80% in...

Listen

Episode 143

April 16, 2024 00:25:04
Episode Cover

#143 Trudeau gives Quebec special carbon tax deal

Prime Minister Justin Trudeau is giving you higher gas prices and giving Quebec a special deal on the carbon tax.  Quebec’s carbon tax currently...

Listen