Letters: Province's debt has grown under Saskatchewan Party government

  • 📰 TheStarPhoenix
  • ⏱ Reading Time:
  • 48 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 63%

Loans Loans Headlines News

Loans Loans Latest News,Loans Loans Headlines

Former Saskatchewan and Saskatoon politician Bob Pringle offers his opinion of the economic and financial success touted by the government.

I believe very little of what the Scott Moe government says, and there is a huge mountain of evidence to support this perspective. Furthermore, the lengths Premier Moe and his government go to confuse, deceive and hide information from the public is a major concern.We deliver the local news you need in these turbulent times on weekdays at 3 p.m.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.

The provincial budget is only one example reflective of my above concerns. Premier Moe has been touting his financial success which is actually a shell game. Our provincial debt is an astounding 59.7 per cent of our GDP .Article content In 2021, Premier Moe allowed the crown corporations to borrow another 30 per cent of debt, which resulted in an additional $84 million in interest to the crown corporation debt.

In the face of this rapidly rising crown debt, he then took $327 million from these same crowns to inflate the government consolidated fI invite everyone to recall our Standard and Poor’s 2021 credit downgrade for Saskatchewan. The numbers simply do not fit with his rhetoric about how well he is doing financially.

However, what else can we expect from a premier who when told that Saskatchewan’s per capital carbon emissions are the highest in Canada — and nearly the highest in the world — said: “I don’t care?”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 253. in LOANS

Loans Loans Latest News, Loans Loans Headlines