That sinking feeling: BC’s forests and CO2 emissions

Sep 15, 2009
As everyone knows, BC has a lot of trees. From a climate change perspective the nice thing about trees (forests, really) is that they suck carbon dioxide out of the atmosphere. In the jargon, forests are a “sink”, reducing CO2 emissions, rather than a “source” that contributes them. At least, that used to be the… View Article

Putting our government debt in perspective (now with graphs)

Sep 15, 2009
It turns out that our province is in a good fiscal position to engage in deficit-financing at this time. BC’s debt-to GDP ratio has been decreasing since 2002, which means that out government debt fell relative to our collective ability to pay. As a result, BC entered the recession as one of the Canadian provinces… View Article

Should we be afraid of the government debt?

Sep 15, 2009
Governments around the world are running large deficits in order to prop up their economies and dampen the hit of the global recession. For almost a year now, economists abandoned their usual anti-deficit arguments and seemed to agree that increasing government spending to stimulate the economy is the best way forward. We were all Keynesians… View Article

Out of the Closet on Site C

Sep 14, 2009
For years, successive BC governments have forbidden any new large-scale hydro dams. When I was on the BC Hydro Board of Directors in the mid-1990s, the Board passed a motion that all government land-holdings associated with Site C should be sold. The BC Hydro Board was against building Site C, or any other large dam,… View Article

And from the department of kicking kittens……

Sep 10, 2009
Vaughn Palmer asked the Finance Minister a question in the Budget lock-up on the day of the Budget speech.  How about a list of all those programs you’re going to cut?  No can do, Finance Minister Colin Hansen replied.  You’ll just have to wait until the Public Accounts are published next year. In the Liberal… View Article

On tough times and priorities

Sep 10, 2009
The BC government cannot afford $130,000 for the budget of BC School Sports, a volunteer organization which organizes sporting events for students. This is likely to affect 100,000 high school athletes across the province whose meets and competitions will be canceled. “It’s not business as usual right now,” explained Education Minister Margaret MacDiarmid, quoted in… View Article