#155 $800 billion in debt interest charges

Episode 155 September 04, 2024 00:29:47
#155 $800 billion in debt interest charges
Canadian Taxpayers Podcast
#155 $800 billion in debt interest charges

Sep 04 2024 | 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 172

January 15, 2025 00:25:23
Episode Cover

#172 Carbon tax collapse

The carbon tax is on the edge of collapse.  When will the government scrap the carbon tax? Will the Liberals beat Poilievre to the...

Listen

Episode 157

September 21, 2024 00:23:01
Episode Cover

#157 Feds go woke, you go broke

The Trudeau government spent $32,250 bankrolling an intersectional feminist report on the evils of outer space.   The report claims current approaches to outer space...

Listen

Episode 150

July 05, 2024 00:25:18
Episode Cover

#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...

Listen