Governments must control their borrowing

Governments at all levels need to limit their spending growth to the level of inflation and get borrowing under control.

Dear Editor:

Re: Get ready for Hydro rate hikes (B.C. Views, July 11).

Yes, the B.C. Hydro rate increase tsunami is coming after the earthquake of B.C. government debt. This will hit lower income people – hard. All levels of government are increasing fees and service rates rather than raise income taxes on those who can contribute more and pay more property tax.

I don’t want to see any drastic action to increase job loss, but governments at all levels need to limit their spending growth to the level of inflation and get borrowing under control.

Phil Harrison

Comox

 

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