Is BC about to repeat Alberta's mistake?

[ferniesnow]

Two legitimate candidates in the east Kootenay: a Liberal and a NDP.

I have taken this from an advertisement of the Liberal candidate and I quote:

"I will make the continuation of a healthy mining industry my top priority. Unlike my NDP opponent, I'm not associated with environmental groups or US Interests."

I mentioned earlier in the thread, that the NDP candidate for the east Kootenay was heavily involved in the early 2000's trying to establish a park from the US border to Kananaskis for a part of the Y2Y project. Just like the Castle, if the NDP win this election, the environmental movements will be in quicker than flies on a pile of manure.

 

[Cableguy]

this is encouraging.

https://www.castanet.net/edition/news-story--11-.htm[/QUOTE]



Problem is were outnumbered by the cry-babies in hongcouver Just have to keep our fingers crossed

 

[Bnorth]

Log exports have not caused a single job loss in the province. The log exports are a product of mill closures due to market conditions, the softwood tariffs in the early 2000's and the US housing collapse of 2008. A huge portion of them come from private lands that were created by a crooked railway deal a century ago. Before being sold they are offered to domestic producers and must be deemed surplus to supply needs. The NDP is politicizing this issue that was partially created by their bizarre forestry standards in the 90's that increased production costs and led to massive corporate amalgamation in the industry. If you want to reduce log exports you need to be able to compete with China on costs in the value added manufacturing sector. I'd like to see more small value added producers in BC but am unsure how you create that in a sustainable way.

 

[S.W.A.T.]

Log exports have not caused a single job loss in the province. The log exports are a product of mill closures due to market conditions, the softwood tariffs in the early 2000's and the US housing collapse of 2008. A huge portion of them come from private lands that were created by a crooked railway deal a century ago. Before being sold they are offered to domestic producers and must be deemed surplus to supply needs. The NDP is politicizing this issue that was partially created by their bizarre forestry standards in the 90's that increased production costs and led to massive corporate amalgamation in the industry. If you want to reduce log exports you need to be able to compete with China on costs in the value added manufacturing sector. I'd like to see more small value added producers in BC but am unsure how you create that in a sustainable way.

Not to mention during the previous NDP government stumpage rates rose quickly and no one was making money. Mills were selling off the stumpage to 3rd party guys who ended up selling the wood privately. During the NDP regime we 8 local mill closures because of miss management as the government thought they knew better then the industry did. Mill yards closing left and right. Ask people from terrace, kitimat, prince Rupert, smithers, Hazelton. They will tell you what NDP does for the forest industry

 

[ZRrrr]

I have no stake in this election and think all politicians have basically become the pawns of power players with hidden agendas. However, I always like to look at both sides. Found this article interesting.

B.C.'s Decade Under NDP Was Anything But 'Lost'
Posted: 04/27/2017 9:47 am EDT Updated: 04/27/2017 9:53 am EDT

After 16 years in government, the B.C. Liberals are still using the "Lost Decade" to refer to the NDP's last period of governance in order to scare voters. Was the economy under the NDP in the '90s that bad? People on the street said in the '90s they were able to buy a house, but nowadays even professionals are not able to.
Prior to the last provincial election in 2013, the Business Council of British Columbia released a study called "A Decade by Decade Review of British Columbia's Economic Performance." It compared the economic indicators of the three decades governed respectively by the Social Credit Party, the NDP and the B.C. Liberals. The result is that by certain measures the NDP of the '90s actually had the best economic performance
.
Here are the conclusions of the study:

GDP growth: The Social Credit decade had an average growth rate of 2.12 per cent, the the Liberals 2.36 per cent and the NDP 2.72 per cent. The NDP decade is the best of the three.
Job creation: Under the Liberals jobs grew by 1.58 per cent, under the Social Credit Party 1.91 per cent and under the NDP by 2.17 per cent. The NDP decade also had better performance.

Unemployment: Social Credit had an average rate of 11.48 per cent, NDP 8.87 per cent and the Liberals 6.63 per cent. The Liberals scored.
Business investment (non-private residential investment): As regards non-private residential investment, the Social Credit growth was 0.81 per cent, NDP got three per cent and the Liberals had 5.53 per cent.

Export: B.C.'s exports remained generally unchanged over the past three decades, fluctuating between 42 and 43 per cent of the GDP. However, the study notes that the NDP's decade in power had the strongest export performance, whereas the Liberals' had the weakest
.
For the above five economic indicators, the NDP's governing decade recorded the best performance on three counts: economic growth, job creation and (arguably) exports, whereas the Liberals were better in business investment (non-private residential investment) and unemployment.

The Liberals' so-called "Lost Decade" is contrary to the facts.

During the Liberals' governing years, the debt load increase has been alarming.

When Liberal Premier Gordon Campbell stepped down, I wrote an article "Gordon Campbell's $100-billion debt legacy." The B.C. debt load at that time was $53.4 billion, plus $80.2 billion in contractual obligations.

The contractual obligations are mainly from two sources. First, capital projects built under Public-Private-Partnership (P3), where the government signed long-term contracts with private corporations to build a bridge or a hospital. The corporations would borrow the capital, build and manage the project, and the government would pay for the use of it by long-term regular payments. Since the corporations' borrowing cost would be much higher than the conventional government-borrow-and-build method, plus profit sharing by the investors, the P3 model costs a lot more (but it won't be listed as debt).

The second source is the power purchase contracts BC Hydro signed with private power corporations. The power rates of these contracts are generally more expensive than the generation cost of BC Hydro and the prices of the power market. These private contracts are one of the major reasons for our hydro rate increase year after year.

Since government won't go broke and must honour and pay the contracts they signed, the government is responsible for paying these contractual obligations. It may not be called debt, but it amounts to the same thing.

The B.C. Liberals have added $139.9 billion of debt - 10 times more than the NDP.

So what is B.C.'s current debt load?

The answer is, the provincial debt is $66.7 billion, plus an additional $101.1 billion in contractual obligations. That is a total of $167.7 billion!
Veteran provincial political pundit Vaughn Palmer recently wrote an article and pointed out that the province of B.C. has the most signed contractual obligations among all the provinces.
When the Social Credit left office in 1991, the provincial debt was $20 billion. When the NDP stepped down in 2001, they left $1.2 billion surplus and a debt load of $33.8 billion. Thus, the NDP had increased the provincial debt by $13.8 billion, whereas the B.C. Liberals have added $139.9 billion of debt under its governance up to now -- that is, 10 times more than that of the NDP.

 

[KatMan]

would be interesting to compare what the Alberta NDP have been able to run up as deficits in two years, compared to the last 25 years in Alberta. Cant use the argument that times are real tough right now, because Alberta has gone through at least 5 downturns in that period.

If NDP gets in, BC get ready for a stagnate economy, deficits, and large scale environmental restrictions. You can be in denial of the outcome until you live it.

 

[rzrgade]

I have no stake in this election and think all politicians have basically become the pawns of power players with hidden agendas. However, I always like to look at both sides. Found this article interesting.

B.C.'s Decade Under NDP Was Anything But 'Lost'
Posted: 04/27/2017 9:47 am EDT Updated: 04/27/2017 9:53 am EDT

After 16 years in government, the B.C. Liberals are still using the "Lost Decade" to refer to the NDP's last period of governance in order to scare voters. Was the economy under the NDP in the '90s that bad? People on the street said in the '90s they were able to buy a house, but nowadays even professionals are not able to.
Prior to the last provincial election in 2013, the Business Council of British Columbia released a study called "A Decade by Decade Review of British Columbia's Economic Performance." It compared the economic indicators of the three decades governed respectively by the Social Credit Party, the NDP and the B.C. Liberals. The result is that by certain measures the NDP of the '90s actually had the best economic performance
.
Here are the conclusions of the study:

GDP growth: The Social Credit decade had an average growth rate of 2.12 per cent, the the Liberals 2.36 per cent and the NDP 2.72 per cent. The NDP decade is the best of the three.
Job creation: Under the Liberals jobs grew by 1.58 per cent, under the Social Credit Party 1.91 per cent and under the NDP by 2.17 per cent. The NDP decade also had better performance.

Unemployment: Social Credit had an average rate of 11.48 per cent, NDP 8.87 per cent and the Liberals 6.63 per cent. The Liberals scored.
Business investment (non-private residential investment): As regards non-private residential investment, the Social Credit growth was 0.81 per cent, NDP got three per cent and the Liberals had 5.53 per cent.

Export: B.C.'s exports remained generally unchanged over the past three decades, fluctuating between 42 and 43 per cent of the GDP. However, the study notes that the NDP's decade in power had the strongest export performance, whereas the Liberals' had the weakest
.
For the above five economic indicators, the NDP's governing decade recorded the best performance on three counts: economic growth, job creation and (arguably) exports, whereas the Liberals were better in business investment (non-private residential investment) and unemployment.

The Liberals' so-called "Lost Decade" is contrary to the facts.

During the Liberals' governing years, the debt load increase has been alarming.

When Liberal Premier Gordon Campbell stepped down, I wrote an article "Gordon Campbell's $100-billion debt legacy." The B.C. debt load at that time was $53.4 billion, plus $80.2 billion in contractual obligations.

The contractual obligations are mainly from two sources. First, capital projects built under Public-Private-Partnership (P3), where the government signed long-term contracts with private corporations to build a bridge or a hospital. The corporations would borrow the capital, build and manage the project, and the government would pay for the use of it by long-term regular payments. Since the corporations' borrowing cost would be much higher than the conventional government-borrow-and-build method, plus profit sharing by the investors, the P3 model costs a lot more (but it won't be listed as debt).

The second source is the power purchase contracts BC Hydro signed with private power corporations. The power rates of these contracts are generally more expensive than the generation cost of BC Hydro and the prices of the power market. These private contracts are one of the major reasons for our hydro rate increase year after year.

Since government won't go broke and must honour and pay the contracts they signed, the government is responsible for paying these contractual obligations. It may not be called debt, but it amounts to the same thing.

The B.C. Liberals have added $139.9 billion of debt - 10 times more than the NDP.

So what is B.C.'s current debt load?

The answer is, the provincial debt is $66.7 billion, plus an additional $101.1 billion in contractual obligations. That is a total of $167.7 billion!
Veteran provincial political pundit Vaughn Palmer recently wrote an article and pointed out that the province of B.C. has the most signed contractual obligations among all the provinces.
When the Social Credit left office in 1991, the provincial debt was $20 billion. When the NDP stepped down in 2001, they left $1.2 billion surplus and a debt load of $33.8 billion. Thus, the NDP had increased the provincial debt by $13.8 billion, whereas the B.C. Liberals have added $139.9 billion of debt under its governance up to now -- that is, 10 times more than that of the NDP.

Nonsense ....

 

[X-it]

The NDP were in power in BC during the good times but they manage to rack up a 40 billion dollar debt in their two terms. Then closed down 18 mines through red tape, on top of that they brought in the forest practices code more red tape yet again for the forest industry. Logging beetle infested forests in the parks was a no no, that caused an out of control epidemic that devastated our forest even farther. . They reduced the allowable cut by 30% which closed lots of sawmills, to save the forest for the next generation, but the beetles got the wood instead. Drug addicts and welfare cases love them to death.

 

[snopro]

Gawd help those poor lost souls in BC if this happens...

 

[X-it]

What will Quebec and Ontario do if they can't collect Dole money for BC and Alberta? Young people and foreigners voting rights. Sending us to hell in a handbasket.

 

[imdoo'n]

alberta should shut the tap off!

 

[ABMax24]

alberta should shut the tap off!

Would be nice eh? Except the money is siphoned off long before it gets to any "tap" we Albertan's have control over.

 

[skegpro]

Hope for BC.

https://www.timescolonist.com/news/local/b-c-ndp-gears-up-for-big-battle-in-nanaimo-1.23579302

 

[Stompin Tom]

Fawking leaf licking tree huggers will win that in a land slide. Nanaimo isnt really part of BC, its part of Vancouver Island and they have a lot in common with Quebec, love to live off other people.

What would be really cool is to see an independant win it, imagine the power that person would have!

 

[ABMax24]

Fawking leaf licking tree huggers will win that in a land slide. Nanaimo isnt really part of BC, its part of Vancouver Island and they have a lot in common with Quebec, love to live off other people.

What would be really cool is to see an independant win it, imagine the power that person would have!

Would have more power than the premier himself, except their only choice would be orange or red...

 

[skegpro]

Oh baby, recall legislation is sweet.

https://vancouversun.com/news/politics/recall-campaign-revs-up-against-speaker-darryl-plecas

 

[imdoo'n]

Hope for BC.

https://www.timescolonist.com/news/local/b-c-ndp-gears-up-for-big-battle-in-nanaimo-1.23579302

there is always hope????

 

[ferniesnow]

The orange machine in BC is still in control of Alberta/Canada...............

https://vancouverisland.ctvnews.ca/...clared-winner-in-nanaimo-byelection-1.4276283

 

[tex78]

The orange machine in BC is still in control of Alberta/Canada...............

https://vancouverisland.ctvnews.ca/...clared-winner-in-nanaimo-byelection-1.4276283

Fawking idiot's, man I sure have less and less to do with the island idiots

 

[X-it]

If you care to look at your electric bill you will see the imposed penalty by Horgan. This was put on so you could pay the electric bills of those who do not want to pay their own electric bills...typical NDP .