Nothing happens in a vacuum, proven once more by the intersection of the two front-page stories in the May 19th Abbotsford News.
Esteemed decision-makers at the provincial level have decided that paying millions more through private borrowing is the way to finance the new courthouse.
Governments have access to money without depending on private borrowers, which begs the question: why go private?
Why burden taxpayers with appreciably higher interest rates?
Now to the second front-page story. If Victoria instead chose the public option, the extra millions in interest payments could be directed to affordable housing options.
Then the (literally) thousands of people in our supposedly “rich” province could have a chance of sleeping indoors rather than out.
But then who has ever accused governments of acting reasonably?