By Canadian Taxpayers Federation Franco Terrazzano, Federal Director, CTF —— Bio and Archives--January 9, 2024
OTTAWA, ON: The Canadian Taxpayers Federation is calling on the federal government to balance the budget following today’s Statistics Canada report showing interest charges increased by 37 per cent over the year.
“Ten cents out of every single dollar from taxpayers is now going to interest charges on the debt,” said Franco Terrazzano, CTF Federal Director. “Taxpayers are losing out on billions of dollars every month that can’t be used to lower taxes or improve services because that money is going to pay interest on the government credit card.”
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