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Is third Juno nom the charm for N.S.-raised music teacher? | SaltWire #junos #canada #musicteacherAccording to the budget of 2016-2017, the Liberals inherited a net debt of $12,663,009,000 and a total debt of $15,888,887,000.
At the beginning of the fiscal year 2021-2022, the net debt was $16,294,077,000 and a total debt of $24,034,780,000. The forecast for the fiscal year 2024-2025 the net debt is $17,817,633,000 and total debt $33,561,323,000.The cry has been our provincial death is mortgaging our children and grandchildren's future. The mortgage principal has doubled since the budget of 2016, hence increasing debt servicing to the tune of $1.15-billion this year, more than what is spent on education.
Instead of borrowing money to put in the savings account, government needs to stop wasting money on frivolous things and start reducing the debt. The average persons lot in life has not gotten any better, they still can't keep up with the cost of living and health care is above reach for many.SaltWire Network welcomes letters on matters of public interest for publication. All letters must be accompanied by the author’s name, address and telephone number so that they can be verified. Letters may be subject to editing. The views expressed in letters to the editor in this publication and on SaltWire.
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