[PeterPrinciple]

The Bank of Canada holds 20 percent of these bonds, meaning it is effectively paying itself interest on the debt it owns

---

working as designed.....................

[PeterPrinciple]

The consequences are clear. With GST revenue fully absorbed by debt payments, the government must rely on other taxes or increased borrowing to fund basic operations. This cycle of debt dependency is unsustainable, and without intervention, Canada risks deeper economic instability.]

---

more taxes or more borrowing. What will they do?

[Professional Engineer]

No worries, they still have VAT that can be consumed as well.

[PGR88]

Don’t worry, the Liberals will just double the GST.

problem solved.

[cherry]

Stop your tariffs Oh Canada...and we’ll stop ours...and maybe instruct your people to not boo our natioan anthem.

[HYPOCRACY]

That’s okay. They just elected a central banker to run the place. That should work out well... Imagine if Jerome Powell was President.

[Pres Raygun]

This is bad, but not nearly as bad as we have it. Our interest payments are 1.1 trillion 21X that of Canada, but with a tax base 10X that of Canada. Canada funds its government with a very high income tax. Their GST is a VAT.

[PGalt]

Thanks for posting. Interesting eh?

[butlerweave]

Liberals ,LOL

[Vaduz]

Trump offers plan to Canada