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Outrageous government spending: Canadians losing over 1 billion a week to interest payments

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1 minute read

By Franco Terrazzano

Massive borrowing, soaring interest charges unacceptable

The Canadian Taxpayers Federation is calling on the federal government to cut spending following Thursday’s Parliamentary Budget Officer report showing debt interest charges cost taxpayers $54 billion in 2024-25.

“The PBO report shows debt interest charges cost taxpayers more than $1 billion every week,” said Franco Terrazzano, CTF Federal Director. “Massive deficits mean interest charges cost taxpayers more than the feds send to the provinces in health transfers.”

The PBO projects the federal government’s deficit to be $46 billion in 2024-25.

Interest charges on the federal debt cost taxpayers $54 billion in 2024, according to the PBO’s Economic and Fiscal Monitor. For comparison, the federal government spent $52 billion through the Canada Health Transfer in 2024, according to the Fall Economic Statement. That means the government spent more money on debt interest payments than it sent to the provinces in health-care transfers.

A separate PBO report projects debt interest charges will reach $70 billion by 2029.

A recent Leger poll shows Canadians want the federal government to cut spending (45 per cent) instead of increasing spending (20 per cent) or maintaining current spending levels (19 per cent).

“Borrowing tens of billions of dollars every year is unaffordable and unacceptable,” Terrazzano said. “Canadians want

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Elon Musk announces ‘Grokipedia’ project after Tucker Carlson highlights Wikipedia bias

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From LifeSiteNews

By Joseph Quinn

Wikipedia co-founder Larry Sanger explained how Wikipedia systematically blacklists and “deprecates” conservative sources. Wikipedia remains one of the most heavily used information sources online and is integrated with Google search results.

Elon Musk has announced plans to build “Grokipedia,” a new open-source online encyclopedia under his artificial intelligence company xAI.

“Will be a massive improvement over Wikipedia,” Musk wrote on X. “Frankly, it is a necessary step towards the xAI goal of understanding the Universe.”

We are building Grokipedia @xAI.

Will be a massive improvement over Wikipedia.

Frankly, it is a necessary step towards the xAI goal of understanding the Universe. https://t.co/xvSeWkpALy

— Elon Musk (@elonmusk) September 30, 2025

The announcement came days after Tucker Carlson’s interview with Larry Sanger, a co-founder of Wikipedia and a vocal critic of the organization since his departure in 2002.

Sanger explained how Wikipedia systematically blacklists and “deprecates” conservative sources. Seeing LifeSiteNews on the list, Carlson said that the platform has become “a weapon of ideological, theological war.”

Musk echoed Sanger’s criticisms, affirming Judicial Watch president Tom Fitton’s claim that “Wikipedia is a smear machine for the Left.”

💯

— Elon Musk (@elonmusk) September 30, 2025

Musk later amplified memes promoting Grokipedia, calling it “an open source knowledge repository that is vastly better than Wikipedia.”

Join @xAI and help build Grokipedia, an open source knowledge repository that is vastly better than Wikipedia!

This will be available to the public with no limits on use. https://t.co/3CnfrvNIpI

— Elon Musk (@elonmusk) September 30, 2025

He also affirmed Sanger’s “Nine Theses,” which call for dismantling Wikipedia’s centralized editorial control.

Some good suggestions from the co-founder of Wikipedia https://t.co/bgwBmi6uXN

— Elon Musk (@elonmusk) September 30, 2025

Musk has not released technical details of the Grokipedia project but said that Grok AI will be independent of Wikipedia “by the end of the year.”

Wikipedia should have just taken that $1 billion offer from Elon Musk, it’s too late, the rival is coming: Grokipedia! pic.twitter.com/cLBKfPRgyO

— SMX 🇺🇸 (@iam_smx) September 30, 2025

Wikipedia remains one of the most heavily used information sources online and is integrated with Google search results. Critics argue that its governance model allows biased editors – described as “ideologically-driven thought police” – to shape content and suppress dissenting viewpoints, particularly on political, cultural, and religious topics.

A similar initiative called “Infogalactic” was launched in 2016. A “fork” of Wikipedia, it was designed to decentralize control and allow multiple perspectives. While Infogalactic never reached Wikipedia’s scale, it established a model for alternative knowledge repositories.

Attracting a critical mass of editors and establishing credibility remain significant challenges facing such alternatives. Musk’s involvement signals a higher-profile challenge to Wikipedia’s dominance, combining xAI’s technological resources with his public platform on X.

Musk has not provided a clear timeline, but the announcement positions xAI to mount a direct challenge to Wikipedia’s dominance of the information ecosystem.

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Automotive

Big Auto Wants Your Data. Trump and Congress Aren’t Having It.

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From the Daily Caller News Foundation

By Ken Blackwell

Congress is not going to allow Big Auto to sideline consumer privacy and safety while getting subsidized massively by the federal government.

That is because, in late September, by an overwhelming vote of 50 to 1, Chairman Brett Guthrie’s (R-KY) House Energy & Commerce Committee joined the Senate Commerce, Science, and Transportation Committee in passing the AM Radio for Every Vehicle Act.

This legislation is in response to some automakers removing AM radios from new model vehicles despite pleas from America’s public safety community not to do so.

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Advisors to President Trump have argued they continue doing so for financial reasons — because they want to force increased traffic onto their infotainment systems, which collects drivers’ personal information and sells it to third parties.

“They’d rather force consumers to use their infotainment devices — which collect and sell their third-party data — than protect American lives,” Corey Lewandowski, President Trump’s 2016 campaign manager and senior adviser to his 2020 and 2024 campaigns, stated.

 No one in Congress likes that the auto companies are doing this. That is why the bill has broad bipartisan support with over 300 cosponsors in the House as well as a filibuster-proof level of support in the Senate.

The entirety of America’s public safety community spanning the federal, state, and local levels, insists AM radio remaining in cars is critical for protecting the nation’s emergency alerting systems. These systems rely heavily upon AM radio, the only communication method that has stayed reliably accessible during many disasters such as the Sept.11 terrorist attack and major disasters like Hurricanes Katrina, Sandy, and most recently, Helene.

Brendan Carr, the current chairman of President Trump’s FCC, nominated by President Trump, has also endorsed the AM Radio for Every Vehicle Act. In a statement, Carr said that “millions of Americans depend on the value of AM radio and the local news that AM broadcasters offer in communities across the country.” He also recounted hearing firsthand stories of Hurricane Helene victims who “could only access lifesaving information in the days following the storm by tuning into their AM radios.”

AM radio also serves another purpose that the elites in Silicon Valley and Detroit often forget: it keeps rural and working-class America connected. Millions of people outside the big cities rely on AM for local news, farm reports, weather alerts, and even community events. For many small towns, AM stations are a lifeline—far more reliable than expensive streaming services or spotty cell coverage. Pulling it out of cars is yet another way of telling Middle America: “you don’t matter.”

Of course, no good idea in Washington is safe from special interests.

Despite the broad support within Congress, the administration, and throughout the public safety and first responder communities, the bill has faced a full-court press by the musicFIRST Coalition — a group backed by the Recording Industry of America — to tank the legislation unless it is tied to unrelated music royalty reform legislation.  That’s cronyism politics at its worst—holding public safety hostage to squeeze out another payday.

However, now that the AM Radio for Every Vehicle Act has passed both committees by overwhelming margins, the only stop left for the legislation is the House and Senate Floor — meaning Speaker Mike Johnson (R-LA) and House Majority Leader John Thune (R-SD) must call it up for a roll call vote.

At the heart of this fight is more than just whether a radio dial stays in your dashboard. It’s about whether Americans can trust that their safety won’t be sacrificed for corporate profit.

It’s also about data privacy. Automakers and Big Tech are eager to funnel drivers into infotainment systems that monitor every move, harvest personal information, and sell it to the highest bidder. AM radio doesn’t spy on you. It doesn’t crash when the grid goes down. It doesn’t put profit ahead of people. It just works.

For the sake of both public safety and personal freedom, Congress should make sure it stays that way.

Ken Blackwell (@KenBlackwell) is an adviser to the Family Research Council and a chair at the America First Policy Institute. He is a former Mayor of Cincinnati, Ohio, Ohio Treasurer and Secretary of State, and U.S. Ambassador to the United Nations Human Rights Commission. He is also a former member of the Trump transition team.

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