Skip to content

Debt dooms B.C. economy

Re: Campbell exits, his legacy uncertain (B.C. Views, Feb. 23).

Dear editor,

Re: Campbell exits, his legacy uncertain (B.C. Views, Feb. 23).

I am dismayed about such a simple, misinformed and inaccurate column. There is no mention about our debt which has risen 16 per cent to a total of $48 billion which consumes 24.3 per cent of our provincial GDP!

The interest on this debt is consuming $8 million dollars a day – down the drain for what? Adding the provincial debt to the federal at $650 billion and it paints a picture of a house of cards that is starting and will collapse. Responsible reporting and government would have put this front and centre.

I wonder if any of you look at what is happening in the United States that threw tax monies down the drain through vote buying and a bloated inefficient bureaucracy.

The time has come to address these issues and we need educated people with courage to do it. I can’t see any here or for that matter in any party right now.

Ken Cosgrove

Victoria