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This week on Inside Winnipeg Politics, I sat down with Political Science professor Royce Koop and Winnipeg Sun columnist Geoff Currier to discuss the growing debt issue at every government level. The numbers are staggering, and the lack of attention from both politicians and the media is concerning.
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Currier pointed out that Canadians are now spending over $50 billion a year just on interest payments on government debt. That money is going nowhere — it could be spent on health care, education, or fixing crumbling infrastructure. He questioned why media outlets aren’t focusing more on this critical issue.
Professor Koop shared his perspective, explaining that while running a deficit can make sense during crises, now is the time to address it. The longer governments wait, the harder it will become to rein in spending and bring debt under control. He stressed that action is needed immediately before the situation worsens.
I believe there has been little effort from politicians like Prime Minister Trudeau, Premier Wab Kinew, and Winnipeg Mayor Scott Gillingham to control government spending. While promises are made, the reality is that budgets keep growing, and taxpayers are left footing the bill for poor fiscal management.
This is a conversation we can’t afford to ignore. Watch the full discussion in the video, and join us as we tackle the tough questions about Canada’s debt and what needs to change. The solutions are out there, but it will take leadership and accountability to get us back on track.
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