“Politicians should not be okay with five decades of red ink and families shouldn’t be forced to pay for all the overspending, so we need the feds to roll-up their sleeves and save some money.”
OTTAWA, ON: The Canadian Taxpayers Federation is calling on federal politicians to focus on saving taxpayers’ money in light of Parliamentary Budget Officer data that predicts the federal government won’t balance its budget until 2070.
“Prime Minister Justin Trudeau promised Canadians he would balance the books in 2019, but it turns out that we will have to wait about 50 years before we see a balanced budget,” said Franco Terrazzano, Federal Director for the CTF. “Racking up trillions of dollars in debt and interest is not okay, and that’s why we need to see federal politicians start taking deficits seriously.”