Tuesday, March 15, 2022

CTF DISPLAYS CANADA'S EVER INCREASING DEBT

VICTORIA, B.C.: The Canadian Taxpayers Federation is launching its national Debt Clock tour to show Canadians from coast to coast what it’s like to watch Canada’s trillion-dollar debt go up in real time.

“It’s hard for most of us to imagine a trillion-dollar debt, but we know what it’s like to watch a bill going up in real time and that’s exactly what the Debt Clock shows Canadians,” said Franco Terrazzano, Federal Director of the CTF. “Canada’s national debt is already more than $1 trillion and it’s going up by almost $400 million every day.

The CTF first launched the national Debt Clock tour in the 1990s to push back against large deficits and debt. The CTF built a new Debt Clock because the previous one did not have enough digits to display the current government’s $1,000,000,000,000-debt.

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