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Look to the past

In East Kootenay MLA Bennett’s letter of last week (‘MLA rebuttal’) his main economic argument was that, ‘B.C. has the third lowest debt-to-GDP ratio in the country, the most important statistic about debt, because it is an accurate indicator of economic strength.’

On the issue of debt-to-GDP I would refer Mr. Bennett to the Bank of Montreal ‘Commentary’ of March 15, 2001.

There

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