Liberals created inflated deficit

There will be those in the Liberal government who will want to say, “I told you so,” to voters.

There will be those in the Liberal government who will want to say, “I told you so,” to voters.

After all, the government warned the sky would fall if British Columbians shot down the harmonized sales tax and returned to its provincial counterpart. As we all know, a majority of voters gave the HST the boot during the referendum, and now Victoria is claiming that will force B.C.’s deficit to triple to $2.3 billion over three years.

Finance Minister Kevin Falcon says there is no choice but to tighten the belt and ministries and agencies will have to cut costs. However, blaming voters for this situation would be simplistic given that the referendum was a direct result of government bungling.

It was the Liberals who always opposed an HST but reversed thrusters just days after an election and accepted the tax. Promises that the HST would be revenue-neutral and not negatively impact families were found to be hollow.

Had the Liberals followed the proper process and gone to the public early on for legitimate consultation over the HST, then perhaps the tax would still be in place and the current financial mess would be avoidable.

Instead, the government did an end-run around due process and British Columbians are now paying the price.

Ultimately, the ballooning deficit says far more about the Liberals’ loss of public confidence than it does about British Columbians’ ability to understand complex financial matters.

– The Vernon Morning Star

 

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

Just Posted

Dozens of fish die at popular lake near Chase

A few natural phenomena are possible causes for their deaths.

Transport truck driver ticketed after rear-ending semi, closing Highway 1 in Shuswap

Truck catches fire, Chase RCMP ticket man for following too closely

Automated phone scam targets Shuswap residents

Scammers may be spoofing a local number and claiming they are with the CRA

Okanagan and Shuswap MPs want federal funds to help stop invasive species

Concerns raised that spending favours Eastern Canada.

COVID-19: Homeless to be relocated from temporary Okanagan shelter

Homeless shelters in Vernon have been combined into one site at the curling rink since April

Amber Alert for two Quebec girls cancelled after bodies found

Romy Carpentier, 6, Norah Carpentier, 11, and their father, Martin Carpentier, missing since Wednesday

B.C. man prepares to be first to receive double-hand transplant in Canada

After the surgery, transplant patients face a long recovery

Grocers appear before MPs to explain decision to cut pandemic pay

Executives from three of Canada’s largest grocery chains have defended their decision to end temporary wage increases

Bringing support to Indigenous students and communities, while fulfilling a dream

Mitacs is a nonprofit organization that operates research and training programs

RCMP ‘disappointed’ by talk that race a factor in quiet Rideau Hall arrest

Corey Hurren, who is from Manitoba, is facing 22 charges

NHL’s Canadian hubs offer little economic benefit, but morale boost is valuable: experts

Games are slated to start Aug. 1 with six Canadian teams qualifying for the 24-team resumption of play

‘Made in the Cowichan Valley’ coming to a wine bottle near you

Cowichan Valley has the honour of being the first sub-GI outside of the Okanagan

Most Read