British Columbia debt near $60 billion.

JLM

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Are they managed properly?

No idea, probably some are, some aren't. One thing for sure if the Unions were taken out of the equation they'd be managed a lot better. Nothing like supporting a fourth level of parasites.
 

petros

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Nov 21, 2008
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No idea, probably some are, some aren't. One thing for sure if the Unions were taken out of the equation they'd be managed a lot better. Nothing like supporting a fourth level of parasites.
It's the Unions fault that management is ****ed up? Since when is management Union?

If Unions are the problem then why is the debt ratio of BC compared to SK at 20:1? You can't swing a dead cat around here without hitting a Union. Why are we leading Canada in growth Unions and all?
 

JLM

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petros;1550432[B said:
]It's the Unions fault that management is ****ed up?[/B] Since when is management Union?

My experience with Unions was it was absolutely impossible to get rid of the drones, parasites and sh*t disturbers. The frustration they cause wastes so much valuable time and it takes away incentive from serious employees. I often found myself in a position where I earned exactly the same wage as a guy who worked beside me and dog f&&ked all day. :lol:
 

Tonington

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$60 billion...so? BC has a great credit rating, and one of the lowest debt to gdp ratios amongst provinces. More important is what the government is doing. They seem to be doing many things to address the debt issue, which doesn't really look that bad.
The government intends to reduce the civil service by more than 2,000 people by the end of 2014/15.

The K-12 education budget barely moved from 2011-12 to 2012-13. It was $5.2-billion a year ago and will be $5.3-billion this year. More impressive, however, is what the B.C. government has done with health-care costs, which not that long ago were rising at the rate of about 7 per cent a year.

Over the next few years, the budget forecasts Health Ministry spending to increase by an average of less than 3 per cent a year.

In all, the budgets of 14 of 17 ministries have either been cut or increased by less than 1 per cent over the next three years.

Mr. Falcon seemed almost embarrassed to admit that the province’s debt-to-GDP ratio was going to inch up to 18.3 per cent in 2014-15 before – if all goes according to plan – it begins to go downward again. (B.C.’s accumulated debt will hit $66-billion in two years). By contrast, Ontario’s debt-to-GDP ratio is 37 per cent. The country’s as a whole is 35 per cent.
With B.C. budget, Clark establishes her conservative credentials - The Globe and Mail
 

JLM

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$60 billion...so? BC has a great credit rating, and one of the lowest debt to gdp ratios amongst provinces. More important is what the government is doing. They seem to be doing many things to address the debt issue, which doesn't really look that bad.

With B.C. budget, Clark establishes her conservative credentials - The Globe and Mail

Well, that's right, there's debt and then there's debt. Debt for infrastructure is more like an investment. I was glad to see M.S. premiums being increased- (some are whining of course that it's just another tax) but that is bullsh*t- it's more like paying for the service they demand. For all but the indigent I'd like to see it raised 50%, instead of 4% and then they'd appreciate the health services more. I think the number of hospitals could be reduced so the main ones could be funded properly. I can think of one area with a total population of 150,000 where there are 4 hospitals in 32 miles. The two bigger ones at either end would serve well if more funding was available and no one would be more than 16 miles from a hospital. We need more extended care facilities, so hospital beds aren't being tied up unnecessarily.