The Wheel of Deficits: with Paul Micucci and Franco Terrazzano
Canada is on a dangerous financial path — and few are sounding the alarm like Franco Terzano. With exploding debt, massive deficits, and rising taxes, what does the future hold for Canadian taxpayers?
In this episode, host Paul Micucci sits down with Franco Terrazzano, Federal Director at the Canadian Taxpayers Federation, to dissect the Parliamentary Budget Officer's (PBO) warning, the looming $60+ billion deficit, and the deeper issues beneath Canada’s fiscal policy.
🔑 Key topics covered:
• Why the PBO’s “stupifying” warning matters
• How interest payments are swallowing Canada's budget
• The truth behind carbon taxes and stealth taxation
• What we can learn from the 1990s deficit crisis
• A realistic path to balancing the budget again
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