#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 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 186

July 24, 2025 • 00:30:03

#186 Carbon taxes are still hurting Canadians!

The federal government is still imposing hidden carbon taxes on Canadian businesses! Prime Minister Mark Carney’s hidden carbon tax on businesses is the worst...

Episode 76

June 10, 2021 • 00:39:30

#72 Tax Freedom Day, Life After COVID, Rideau Hall Delays Bring High Cost

News at the Top – Government is Broke/Tax Freedom Day Governments across Canada are facing an impending debt crunch and families are facing steep...