Regina Leader-Post

Wall and Sask. Party weakened province

-

Brad Wall and the Saskatchew­an Party have let Saskatchew­an down. Brad Wall’s strongest suit was his ability to talk; his slick talk was followed by mismanagem­ent and reckless spending.

Look at the facts:

In 2007, the NDP left Brad Wall with 2.5 BILLION dollars in the rainy day fund, a shrinking provincial debt, a booming economy, and the fastest growing population of any province. Wall was handed everything — and he blew it. Wall spent the entire $2.5 billion fund during 10 years of record revenue. Now, when we need the fund, it’s gone.

Wall said he would start rebuilding the fund when oil goes over $75 per barrel — but when will that happen?

Wall put in legislatio­n to prohibit deficits at the provincial level, then ran disguised deficits by using the rainy day fund and P3s, instead of balancing expenses to revenues. Ten years of record income. Ten years of record deficits.

Wall campaigned on reducing the provincial debt, yet during his tenure, the combined provincial debt, including Crown corporatio­ns, has grown.

The debt was $11.4 billion in 2007; it’s projected to be $22.9 billion by 2021.

Wall took the Crowns’ annual surpluses for government general revenues; that forced the Crowns to borrow to fund expansion.

The Sask. Party slogan is “Keeping Saskatchew­an Strong.”

They have actually weakened it with credit rating downgrades, deficits, and a ballooning debt. This is Brad Wall’s real legacy. John Vinek, Lloydminst­er

Newspapers in English

Newspapers from Canada