Episode 155
#155 $800 billion in debt interest charges
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
September 4, 202429m 47s
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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