#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

February 13, 2023 00:16:21
Episode Cover

#125 Exposing Government Waste with New Investigative Journalist

The Canadian Taxpayers Federation just added more muscle to go after government waste with our new Investigative Journalist Ryan Thorpe. Ryan built his career...

Listen

Episode 44

December 15, 2020 00:25:52
Episode Cover

#40 Deficit Skyrocketing Yet Again, Feds Lied About Carbon Tax Hike, and Infrastructure Bank CEO Exit Costs a Bundle

News at the Top – Deficit Skyrocketing Once Again Prime Minister Justin Trudeau is spending about $1.8 billion every single day. Ontario Director Jasmine...

Listen

Episode

March 28, 2023 00:33:49
Episode Cover

#129 Taxes up. MP pay up. We’re fed up.

Taxes up. MP pay up. We’re fed up.   Politicians think you can afford to pay more tax at the gas pump and the liquor...

Listen