#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

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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
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