John Horgan proved the BC NDP could be fiscally responsible; David Eby is wrecking that legacy (Vancouver Sun)
Premier John Horgan and his New Democrats were just settling into office eight years ago when they discovered that the departing BC Liberal government had left them a financial windfall.
“BC Liberal Finance Minister Mike de Jong left behind a huge surplus we didn’t know about,” says Horgan in a memoir to be published this fall ....
.... the Horgan NDP government’s only significant departure from balanced budgeting happened in the year of the pandemic, when the deficit soared to $5.6 billion. But in the second year of the pandemic, the economy was on the mend and the accounts were back in surplus.
The financial statements forecast a surplus of almost $6 billion when Horgan left office in November 2022. His successor, David Eby, promptly spent most of it ...
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