Newspaper article The Canadian Press

Canadian Taxpayer's Federation Says Saskatchewan Debt Growing Too Fast

Newspaper article The Canadian Press

Canadian Taxpayer's Federation Says Saskatchewan Debt Growing Too Fast

Article excerpt

CTF says Saskatchewan debt growing too fast

--

REGINA - The Canadian Taxpayer's Federation is telling the Saskatchewan government to cut up the credit card.

The federation, which is on a national tour with its debt clock, says the amount Saskatchewan is borrowing is growing too fast.

The federation says the province will have $5.7 billion of debt by the end of the year and says the amount of increasing $2.7 million per day.

Finance Minister Kevin Doherty $700 million will be borrowed this year for highways, health care facilities and joint-use schools, but says it's necessary.

The borrowed money comes with a two per cent sinking fund attached to be paid back over 30 years, which Doherty maintains "is a responsible use of taxpayer dollars."

The NDP opposition is also concerned with the amount the province is borrowing. …

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.