• What happens if Canada never balances the budget?

  • Oct 3 2022
  • Length: 20 mins
  • Podcast

What happens if Canada never balances the budget?

  • Summary

  • Based on data from Parliament’s own Budget Office, the federal government won’t be able to balance its budget until 2041. On top of that, the government doesn’t even think they’re at fault, going as far as claiming to be in a “responsible fiscal position.” It’s time for a Reality Check. In this episode, Jasmine Moulton tackles the government’s arguments and shows why we’re actually in a much more difficult position despite claims from the Trudeau government. From the notion that Canada is handling its debt well to raving about “historically low interest rates,” Jasmine shows us that we’re in a much different place. Joining Jasmine on the show is the Federal Director of the Canadian Taxpayer’s Federation Franco Terrazzano. Franco shares his thoughts on what the government can do to alleviate Canadians who are currently struggling. Tune into Reality Check with Jasmine Moulton on True North! Learn more about your ad choices. Visit megaphone.fm/adchoices
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