#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 71

May 18, 2021 • 00:27:48

#68 Carbon Taxes Don’t Work, Newfoundland Swimming in Debt, Kamloops Calls in Feds

News at the Top – Carbon Taxes Don’t Work Despite the province’s long history with a carbon tax, emissions in British Columbia are going...

Episode 173

January 21, 2025 • 00:32:21

#173 No taxation without representation

The Trudeau government is enforcing an undemocratic capital gains tax hike that was never approved by Parliament. Conservative Leader Pierre Poilievre says he'll reverse...

Episode 94

September 14, 2021 • 00:30:23

#90 BIG ISSUES- FREEDOM OF SPEECH

Canadians place a high value on their freedom of speech, but the way we use that freedom could be changing depending on the outcome...