Clark’s Liberals Added $10.85 Billion to Debt in Four Years


By Andrew MacLeod Today | Andrew MacLeod is The Tyee’s Legislative Bureau Chief in Victoria and the author of A Better Place on Earth: The Search for Fairness in Super Unequal British Columbia (Harbour Publishing, 2015). Find him on Twitter or reach him here.

In the four years since running on a “debt-free B.C.” slogan, Christy Clark’s BC Liberal government has added $10.85 billion to the province’s total debt.

That total debt figure has grown steadily, from $33.8 billion in 2001 when the BC Liberals came to power, to $45.2 billion in 2011 when Clark became premier, to $66.7 billion in the fiscal year that just ended.

The February budget projected the total provincial debt would keep rising to $77.7 billion by 2020.

Put another way, if Clark is re-elected, in nine years as premier she will have added $32.5 billion to the province’s total debt.

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Where did all the money go