Ottawa, we’ve got some problems.

The first problem is that government debt is spiralling out of control because government spending is spiralling out of control. The second problem is that no one within government is taking the first problem seriously.

Prime Minister Mark Carney’s first budget shows Ottawa will borrow about $80 billion this year.

Massive government borrowing means debt interest charges cost taxpayers more than $1 billion every week.

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That’s enough money to build a brand-new hospital every week, but that money is going to the bond fund managers on Bay Street to pay interest on the government credit card.

Or think about it this way, the next time you’re standing in the check-out line: Every dollar you pay in fed

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