bc debt

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Ontario’s debt grew by 107 per cent over 10 years.


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B.C. at fiscal crossroads—next week’s budget update will reveal path new government takes

Rhetoric from the campaign trail stressed increased spending and higher taxes.


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Ontario has seen its share of total provincial net debt rise to 51 per cent.


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Budget contained no plan to offset the dramatic increase in business taxes associated with reintroducing the Provincial Sales Tax a few years ago.

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Despite avoiding annual budget deficits Clark has allowed government debt to grow.

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The BC Liberals and particularly Premier Christy Clark deserve the praise they’re receiving for their surprise electoral victory. After all, the Liberals reversed a double-digit deficit in the polls and ended up securing a majority government. This moment of jubilation for the Liberals and their supporters will be short-lived however, as the reality of governing in difficult times takes hold. The litmus test for the success of this government, which they themselves established, is the success of the economy and in particular, jobs.