Eby defends debt as required to build for the future, improve infrastructure
British Columbia Premier David Eby is defending his approach to the government’s record budget deficit, comparing it to buying a home for a family’s future.
The premier gave the stump-like speech on government spending on Friday at the site of the nearly $6-billion Surrey-Langley SkyTrain extension, which is expected to be completed in 2029.
“When you build a house, when you borrow that money from the bank to buy the house, your debt increases dramatically,” he said.
“But you know, for your family, for the future of your family, for what’s important for you, that that is an investment in your future that you will pay off over a lifetime.”
