#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 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...

Episode 137

February 20, 2024 • 00:44:02

#137 A scam app and a scam tax

The ArriveSCAM app is worse than you think. The Auditor General writes a scathing report into the ArriveCAN app that socially distanced taxpayers from...

Episode 29

September 22, 2020 • 00:27:13

#25 Legal Fight for Health-Care Choice, B.C. Carbon Tax Not Working (Again), and Corporate Welfare Refinery Fail

News at the Top – Legal Fight for Health-Care Choice British Columbia’s top court has ruled against private options for Canadian patients facing long...