Welcome to Canada, where you pay a federal sales tax so Prime Minister Justin Trudeau can cover the interest payments on his government’s credit card.
That’s literally what’s happening. Interest charges on Canada’s debt will be $54 billion this year. GST revenues will be $54 billion.
On top of soaring interest charges, the federal budget includes massive deficits, a tax hike, the doubling of the national debt, and no plan to balance the budget.
We break down what you need to know about the federal government’s 2024 Budget. All that and more in this week’s Canadian Taxpayers Podcast.
#65 Stadium Deals are Bad Deals, Guaranteed Income Bill, CMHC Spent Over $900,000 on Name Change
#64 O’Toole Breaks Carbon Tax Promise, Budget a Debt-Fueled Spending Binge, Bills Pile Up After Cancelled Barbados Trip
#63 Canadians Dislike Carbon Tax, Bracing for the Budget, Green Energy Boondoggles
#62 Nova Scotia’s Balanced Budget Plan, April Tax Hikes, Health Canada Pays for Tweets
#61 INTERVIEW – Danielle Smith, on the Future of the Press
#60 Huge Win for Alberta Taxpayers, Carbon Tax Fight Continues, Home Equity Tax?
#59 Trudeau Sets No-Budget Record, Lockdowns Postpone Surgeries, Canadians Billed to Study Abandoned Barn
#58 The 2021 Teddy Waste Awards
#57 MP Raises, Toronto Park Boondoggle, and Doug Ford Breaks Per Vote Promise
#56 Huge Petition to Cut Off Julie Payette’s Expense Account, Home Heating Bills Hammered by Carbon Tax, and B.C. Bureaucrat Blows $500,000
#55 Gun Ban Gets More Expensive (and Weird), Ontario Politicians Laugh about Pay Cuts, and Navy Ships Billions Overbudget
#54 INTERVIEW –Darryl Plecas, on Transparency and Accountability
#53 Cut Off Governors General, Wealth Tax Will Backfire, and Montreal Buys Snow?
#52 Bell Cuts Jobs While Taking Wage Subsidy, National Debt Ballooning, and Trudeau’s Trees Getting Expensive
#51 Fighting for Pipelines in Court, Government Childcare a Pricey Proposal, and Ontario’s French University Flops
#50 Fighting Against Equalization, Explaining the Great Reset, and Governor Generals Billing Us Beyond the Grave
#49 INTERVIEW – Ted Morton on Equalization
#48 Payette Getting Paid for Life, Trudeau’s Second Carbon Tax, and Costa Rica Vacation Costs Revealed
#47 INTERVIEW – Brian Sauvé, President of the National Police Federation
#46 Trudeau Raising Taxes (Again), Canada Fails on Transparency, and Ontario Health Executives Get Big Payouts
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