Taxpayers on the hook for $50 billion worth of interest on government debt
Regardless of province, governments will spend over $1,000 per person on interest payments.
Tag: finance
Liberal MP introduces private member’s bill to study universal basic income in Canada
Bill C-273 was introduced by MP Julie Dzerowicz earlier this week and according to her, she has the support of some members of the Liberal cabinet.
Ontario Securities Commission approves first bitcoin ETF in North America
The Ontario Securities Commission Thursday approval means investors will effectively be able to buy and sell bitcoin without needing a digital wallet.
Senate spends $150,000 on desks for staff working at home
Senators voting against the funding said that they have been able to work from home just fine during the pandemic without expensive desks.
Harper says world governments are headed for a debt crisis
According to Harper, the difference between the current impending financial crisis and the crisis his government successfully managed in 2008 has to do with how governments handle stimulus.
BC Securities Commission issues warning following GameStop stock market frenzy
The BCSC is urging investors to not make decisions based on emotions, to understand their risk tolerance and not take advice from social media platforms on the stock market.
“Flood of money” has done little to tackle First Nations poverty: report
The Fraser Institute report states that Indigenous spending is now the federal government’s largest program expense, second only to national defence.
More free speech in Canada would make Canadians richer
Montreal Economic Institute economist Maria Lily Show joined The Andrew Lawton Show to explain how embracing policies to broaden free speech in Canada could actually make Canadians wealthier.
Canada’s economic production won’t recover until 2023: report
In their report, RSM outlines how the recovery of Canada’s economy is contingent on coronavirus vaccine distribution efforts.
Canadian Taxpayers Federation debt clock needs replacing after running out of digits
The federal government has racked up so much federal debt that the Canadian Taxpayers Federation is being forced to replace its infamous digital debt clock after it ran out of digits.
