#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

/

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

November 20, 2025 00:34:12
Episode Cover

What Is Carney Hiding? Inside the Liberal Budget: Franco Terrazzano Show!

The first budget under Prime Minister Mark Carney has officially passed — so what comes next? In today’s episode, we break down the Interim...

Listen

Episode 91

September 08, 2021 00:24:24
Episode Cover

#87 BIG ISSUES- HOME EQUITY TAX

Canadians have always had a tax exemption when they sell their primary residence and politicians swear they’ll never impose a home equity tax. So,...

Listen

Episode 107

July 25, 2022 00:31:44
Episode Cover

#104 Magic Math on the Carbon Tax

Magic Math on the Carbon Tax   The Trudeau government claims families will be better off with its carbon tax and rebate scheme, but that’s...

Listen