#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

January 05, 2026 • 00:25:22

How much TAX will you pay in 2026? The Franco Terrazzano Show!

You pay too much tax because governments waste too much money. But how much tax do you actually pay? What’s happening to your tax...

Episode 70

May 05, 2021 • 00:28:19

#66 Trudeau’s Tax Hikes, O’Toole Carbon Tax Price Tag, One Expensive Toilet

News at the Top – Trudeau’s Tax Hikes If you drive a car, like to heat your home in the winter, and enjoy a...

Episode 166

November 19, 2024 • 00:31:26

#166 Department of government efficiency in Canada?

You pay too much tax because the government wastes too much money. U.S. President-elect Donald Trump announced the creation of a Department of Government...