Where Your Tax Dollars Actually Go in Canada

https://hub.controlandcompound.com/business-masterclass-webinar-replay   Did you know the first $1,400 many Canadians pay in federal taxes goes toward servicing government debt?   Most Canadians hear terms like deficit, debt, and government spending every day, but few understand how those decisions impact mortgages, retirement planning, business owners, and future tax rates.   In this episode of Control and Compound, Darren sits down with Devin Drover of the Canadian Taxpayers Federation to discuss where taxpayer dollars are going, why government deficits matter, the capital gains tax controversy, housing affordability, and what Canada's growing debt could mean for future generations.   Whether you're a business owner, investor, professional, or simply trying to understand Canada's financial future, this conversation breaks down complex issues in a practical and easy-to-understand way.   Topics include: • Government deficits and debt • Capital gains taxes • Taxpayer rights • Housing affordability • Small business competitiveness • Government spending and accountability • Canada's economic future   📌Subscribe for weekly conversations on taxes, investing, retirement, and building long-term wealth.   Show notes:   00:00 - Introduction   01:13 - Devin Drover's Background   02:46 - What Is A Government Deficit?   05:08 - How Deficits Affect Mortgages & Businesses   06:58 - When Does Government Debt Become Dangerous?   08:50 - Why Young Canadians Should Care   09:57 - Will Taxes Continue To Rise?   11:54 - Why Governments Keep Running Deficits   14:11 - What Would Devin Change First?   15:39 - The Teddy Waste Awards   20:04 - Capital Gains Tax Controversy   25:43 - Ongoing Legal Battles   29:08 - Canada's Biggest Financial Risk   31:00 - Rapid Fire Questions   33:11 - Is There Hope For Canada's Future?   34:48 - Where To Follow The Canadian Taxpayers Federation   FIND US ON:   INSTAGRAM: https://www.instagram.com/controlandcompound    TIKTOK: https://www.tiktok.com/@controlandcompound?lang=en   LINKEDIN: https://www.linkedin.com/company/darren-mitchell-associates-inc/?viewAsMember=true BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us