#155 $800 billion in debt interest charges

Canadian Taxpayers Podcast

Sep 04 2024 | 00:29:47

00:00 / 00:29:47

Show Notes

The federal government won’t balance the budget until 2040, according to data released by the Parliamentary Budget Officer.

Between now and the time the budget is balanced in 2040, interest charges on the federal debt

will cost taxpayers $847 billion, which amounts to more than $18,000 per Canadian.

Plus, we’ve released new polling on the CBC’s bonuses and the carbon tax-on-tax. All that and more in this week’s Canadian Taxpayer Podcast.

Support our mission: https://www.taxpayer.com/support-the-podcast

Other Episodes

Episode 44

December 15, 2020 • 00:25:52

#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...

Episode 150

July 05, 2024 • 00:25:18

#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...

Episode 107

March 15, 2022 • 00:19:17

#103 Massive Spending Didn’t Really Help COVID Fight

The Trudeau government pushed the federal budgets to historic highs and took on massive new debts, all in the name of fighting COVID-19. The...