Where do we go from here?

I have been reading about debt.  Federal, provincial and personal debt. Doesn’t sound like things are Black – mostly red!

What really made me think about the debt was the debt clock released by the Canadian Taxpayers Federation which shows our federal debt at  more than $500 billion, www.debtclock.ca.

That equates to just over $16,500 per Canadian citizen regardless of age.

The Provincial debt is $47 billion that is about $10,000 per person.

If my math is correct a family of four in B.C. owes in excess of $100,000 which does not include the daily interest.

The federal budget is soon to be debated in the House – I hear there will be no new funding programs, perhaps not a balanced budget.

Of course as soon as government wants to control spending we cry foul and demand they fund our every demand.

It certainly isn’t right to spend the income of future generations, generations that can’t even speak for themselves.

It doesn’t matter which level of government, they are responsible for infrastructure, roads, water, sewer, health, education.

There is only one taxpayer – you and I. No doubt there isn’t a community group or city in Canada that doesn’t have a project they want funded. Should priorities be established sooner rather than later?

Perhaps I misunderstood, I thought I heard our MLA say the federal and or provincial government’s should fund our multi-centre 100 per cent.

I don’t think the rest of Canada would agree nor do I, as who wants to pay for a major NHL arena in Montreal or the new theatre proposal for Vancouver at a cost of $220 million, plus?

Job creation will enable us to grow our economies leading the way for funding health care, education and the necessities of life.

To move the economy forward we need resource jobs, which include mining, oil, gas, forestry and agriculture.

The environmentalists and others have so many perceived reasons and obstacles in play that it is almost impossible to move projects forward.

One peeve I have is the hydro smart meters to be installed by 2012 in every home in BC – at a cost of $930 million – with a projected pay back of $500 million in 20 years, my math says that is a lousy investment for the taxpayer.

Fiscal responsibility by government is necessary even though we don’t want to hear it, we can’t keep financing the future.

Taxpayers’ ability to pay will continue to diminish creating higher taxes. At the end of the day all levels of government need to remember whose money is being spent.

Where to from here or do we care?

Mary Glassford is a long-term Quesnel resident, former Cariboo Regional District director and city councilor and president of the Post Secondary Education Council.

 

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Comments are closed

Just Posted

QUIZ: Put your knowledge of Canada to the test

How much do you know about our country?

EDITORIAL: Celebrating Canada despite COVID-19

There are plenty of good reasons to be happy about where we live, even in times like these

College of New Caledonia convocation goes virtual

The graduating class of 2020 were celebrated virtually on June 25 due to the COVID-19 pandemic

Special weather statement in effect for Quesnel and Williams Lake

Environment Canada says 20 to 40 mm of rain is possible through Thursday

Kosta’s Cove Accessible Trail closed for maintenance starting July 2

The popular trail near 10 Mile Lake will be closed for two weeks while maintenance crews work

‘This year is unlike any other’: Trudeau delivers Canada day address

Sophie Gregoire Trudeau and the Prime Minister release video celebrating the national holiday

PHOTOS: Dual rallies take over Legislature lawn on Canada Day

Resist Canada 153 highlighted colonization and genocide, Unify the People called COVID a hoax

Gov. General honours Canadians for bravery, volunteer service

Five categories of winners presented on Canada Day

COVID-19: Should non-medical masks be mandatory in Canada?

New poll shows Canadians are divided on the rules around mandatory masks

‘A little bit scary for everybody’: Air passengers wary as new rules take effect

Masks or face coverings have been mandatory on flights since April 20

VIDEO: Prince William and Kate chat with B.C. hospital staff about COVID-19

Seven-minute video posted to Youtube on Canada Day

River centre says heavy rains could bring flooding to central, northeastern B.C.

Water levels are already unusually high and river banks can be extremely unstable

Most Read