VICTORIA, BC: The Canadian Taxpayers Federation (CTF) today launched a six-week, nine-province tour of its National Debt Clock, in order to raise awareness about the rising public debt burden faced by Canadians, and calling on the federal government to return to balanced budgets as soon as possible.
“It took the Harper Conservatives six years to climb out of the deficit they plunged us into in 2009, and the result was an additional $120 billion in federal debt,” said CTF Federal Director Aaron Wudrick. “Now the Trudeau Liberals – who ironically ran on a platform of ‘real change’ – appear set to pile up even more debt, leaving future generations of Canadians holding the bag.”
The CTF Debt Clock is a large digital clock measuring five feet high and 12 feet long, and displays the real-time total federal debt, along with per-second and per-person figures. A customized trailer built specifically for the clock allows for a rolling display of the clock as it crosses Canada.
“The federal government is spending $3.3 million per day on interest, and the provinces are spending millions more. This is not responsible, and it is not sustainable. Governments need to learn to live within their means, and stop expecting children and grandchildren to pay their bills for them,” continued Wudrick.
The CTF will be posting regular updates on social media as the Debt Clock makes it way from Victoria to Halifax, before ending the tour in Ontario in mid-July.
For an outline of tour dates, click HERE.
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