Not the usual sceptics

Feb 22, 2009
Scepticism about the provincial budget last week is extending beyond the usual sceptics. BC’s Credit Union Central has published its take titled “The Bandage Budget” (read here) and it is raising some questions about assumptions being presented. On the size of the possible deficit: The projected deficit in 2009/10 is small in absolute ($495 million)… View Article

Electricity Policy in BC: “Buy High – Sell Low”

Feb 20, 2009
It was only a one-liner in the budget — the government plans to spend $10 million to advance the $400 million Northwest transmission line project along Highway 37, a project it says it will develop in partnership with the private sector. But this not-so-little initiative raises major questions about electricity policy (and sustainable economic development… View Article

Accounting games of Olympic proportion

Feb 20, 2009
The long awaited 2010 security budget was finally unveiled today. The latest estimate pegs the cost of securing the Olympics at $900 million or just over five times more than the original estimate of $175 million. BC’s portion of the total now sits at $252.5 million or roughly three times more than its original price… View Article

Numerically Challenged

Feb 20, 2009
The BC budget just doesn’t add up once you look at some of the details. Since the 2009 economy is shrinking, how can revenues from personal income tax be greater in 2009 than 2008, when the yearly economy was still growing? A more for less approach seems to be endemic with the premier. When commenting… View Article

Government wage freeze damages economy

Feb 20, 2009
One more sign as to how out of touch the February 17 BC Budget is with the rest of the world. The BC Budget includes a two year wage freeze for people who get their pay from the provincial government. The Budget documents say: No funding is included in the fiscal plan for the next… View Article

The Budget: A Determinant of Health

Feb 19, 2009
I know this budget is supposed to be good news for health, but I want to argue here that the exact opposite is true. We’ve had a lot of budgets like this in B.C., so this one is in keeping with its right wing predecessors. During the 1980s, for example, the never-ending Social Credit government… View Article