#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 78

June 17, 2021 • 00:40:18

#74 INTERVIEW w Tom Korski – What’s the rush on internet regulation/censorship?

Tom Korski is a senior reporter at the investigative journalism website Blacklock’s Reporter, which talks about stories the media is missing. Ottawa is trying...

Episode 152

August 07, 2024 • 00:19:23

#152 Cut taxes, cut spending!

The majority of Canadians say the government spends too much money, takes too much money from our paycheques and wastes money on the wrong...

Episode

January 02, 2023 • 00:36:13

#122 1.2 billion reasons to defund the CBC

Taxpayers pay about $1.2 billion per year for the CBC. That amount could instead pay thesalaries of more than 13,000 nurses. It could cover...