PBO report projects soaring deficit and debt interest charges
"Carney sold Canadians on the idea he wasn’t like Trudeau and when it comes to the debt here’s the truth: Carney plans to borrow billions of dollars more than Trudeau;"
By Canadian Taxpayers Federation —— Bio and Archives--September 26, 2025
Canadian News, Opinion | Comments | Back To Full Article
OTTAWA, ON: The Canadian Taxpayers Federation is calling on Prime Minister Mark Carney to cut spending following today’s Parliamentary Budget Officer report forecasting the deficit to “increase sharply.”
“The PBO report should be a five-alarm siren to end the government’s debt-fueled spending spree,” said Franco Terrazzano, CTF Federal Director. “Carney must change course and cut spending because taxpayers can’t afford to pay more than $1 billion every week to cover the government’s debt interest charges.”
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