From Franco Terrazzano-CTF Federal Director <[email protected]>
Subject Debt Interest = $1B/Week
Date April 18, 2024 10:34 PM
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Hi John,

You’re paying a federal sales tax so Prime Minister Justin Trudeau can cover the interest on his government’s credit card.

Interest charges on Canada’s debt will be $54 billion this year. GST revenues will be $54 billion.

Think about that. Every penny you pay in federal sales tax goes to the interest on the debt. Not the actual debt. Just the interest on the debt.

Interest charges on the debt are now costing taxpayers like you more than $1 billion every week.

In fact, Trudeau is wasting more money on interest charges than he’s spending on health transfers.

The federal debt will total more than $1.2 trillion this year. When Trudeau first took power, the debt was about $600 billion. That means Trudeau will have officially doubled the debt.

Your kids and grandkids will be making payments on this debt for their whole lives.

Trudeau’s latest budget is a disaster. It includes soaring interest charges, massive deficits, a tax hike, the doubling of the national debt, and no plan to balance the budget.

You can join the army to fight back. It’s going to be a long fight. Even after the next election, you’re going to need to stand with thousands of taxpayers to make sure change happens. The time to get into the fight is right now.

Will you sign the PETITION to stop runaway government borrowing?

The government is borrowing too much money and wasting too much money on debt interest charges.

Soaring government debt is unaffordable for taxpayers and it’s wrong to leave our kids and grandkids with the bills.

We, the undersigned, call on the federal government to stop racking up debt.

* YES – ADD MY NAME TO THE PETITION (just click this link to automatically add your name). ([link removed] > 1|*true&status2=
&auto_tag=2cd762d7ce)
* NO – I don’t want to sign this petition today (if you want to tell us why, you can click here ([link removed]) )

Once you sign the petition, keep an eye out for your email inbox. We will send you emails when you have good opportunities to take action.

Thank you for fighting for taxpayers – you’re making a difference!

All the best,

Franco Terrazzano
Federal Director – Canadian Taxpayers Federation

PS: It only takes a minute to sign or share the petition – here’s the link: [link removed] ([link removed] > 1|*true&status2=
)

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