Taxpayers Federation warns of debt spiral as federal debt approaches $1,000,000,000,000
A pandemic isn’t a free pass to cynically increase spending on everything, especially when taxpayers are struggling
By Canadian Taxpayers Federation -- Aaron Wudrick, Federal Director—— Bio and Archives--November 30, 2020
Canadian News, Opinion | Comments | Back To Full Article
OTTAWA, ON: Canada’s debt will hit $1 trillion within weeks, according to the Fall Economic Statement, and the Canadian Taxpayers Federation is calling on Finance Minister Chrystia Freeland to release a credible budget to control spending.
“A trillion dollars in debt is a sadly historic milestone and our kids and grandkids will be stuck with these bills,” said Aaron Wudrick, Federal Director for the Canadian Taxpayers Federation. “It’s inexcusable that the Trudeau government has gone more than 20 months without so much as presenting a budget because Canadians deserve a credible plan to get runaway spending under control.”
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