Andy McKay

Apr 21, 2013

Debt


The Liberal government made deficits illegal in 2001:

"The main estimates for a fiscal year must not contain a forecast of a deficit for that fiscal year."

BCLaws.ca

Feb. 2 2009, that legislation was amended to allow them.

On the campaign trail:

Clark has reiterated during her campaign her pledge to use the revenues from LNG to establish a Prosperity Fund to pay down the provincial debt in 15 years.

Vancouver Sun.

Amount of revenues from LNG sources so far? Zero.

Yeah, right.

Sources:

Taxtips.ca which was then imported into a Google spreadsheet.