REGINA, SK: The Canadian Taxpayers Federation is bringing the Debt Clock to the Saskatchewan legislature today to call on Premier Scott Moe to stop the debt from increasing and stop wasting taxpayers’ money on interest payments.

“Taxpayers can’t afford to cover millions in interest payments every year because the government is failing to consistently balance the budget and pay down debt,” Gage Haubrich, CTF Prairie Director, said. “Saskatchewanians balance their household budgets and they are only asking for the government to do the same.”

The Debt Clock is a huge digital counter mounted on the side of a moving truck that shows the provincial debt going up in real time. The CTF is taking the Debt Clock to the legislature to show the debt increasing in real time.

The debt is projected to be $21 billion by the end of March. That’s an increase of $1.9 billion compared to last year.

Interest charges on the debt will cost taxpayers about $728 million this year, or $587 per Saskatchewanian.

“With so much economic uncertainty, the government needs to give Saskatchewan a budget that doesn’t pile more debt onto taxpayers,” Haubrich said. “It’s irresponsible to endlessly pile up debt and taxpayers can’t afford higher debt interest payments.”