A New Direction in Fiscal Management
The present Government’s financial record is disastrous. That’s not an overstatement – the present government has recorded eight straight budget deficits, and our provincial debt now stands at over $3.3 billion – more than a billion dollars in debt was racked up in eight short years by the present Government.
Our debt is increasing at a rate of over $350,000 every day.Enough is enough. This record of financial mismanagement is unsustainable. We are mortgaging our children’s future. If we continue on this path, Government will be unable to pay for the basic services Islanders need.
View our full Platform Document.