Economic improvements ignored in the Globe Debate PDF Print E-mail
Friday, 18 September 2015 15:55

Economic improvements ignored in the Globe Debate

For Immediate Release September 18, 2015

Newmarket, Ont.
- The Hon. Sinclair Stevens, Leader of the Progressive Canadian Party, today expressed concern that neither the most efficient access to capital for infrastructure nor maximizing the capabilities of Canada's work force were presented in the Globe and Mail Debate.
The Progressive Canadian Party favours Bank of Canada funding of infrastructure. This measure provides necessary funds to stimulate the economy through construction of needed and in many cases necessary roads, hospitals, schools, and new technology facilities to build a 21st economy without concern for deficit and the accumulation of debt through compound interest. "Had this policy, which existed prior to 1974, been followed " stated Sinclair Stevens, PC Party Leader, ``the massive debt developed from funding through banks at interest rather than the Bank of Canada at administration costs would not have been developed.``
Education funding, too, is a key focus of good economic policy. Unlike some other countries Canadian governments do not support our citizens maximizing their capabilities through funding post secondary education. ``A Grade XII education no longer is adequate for an individual to be of economic value to themselves or our country``, Stevens said, ``to compete in world markets all Canadians must be encouraged and supported in maximizing their capabilities.  Where public funding of post-secondary education once averaged 82% of costs, today government funds only 57%, resulting in higher, even prohibitive, tuition fees which limit student and Canada`s potential.``
These and unique policy directions in the PC Party Prosperity Canada policies, such as a focus on trade and commerce with the 53 nations of the Commonwealth distinguish the Progressive Canadian Party from those engaged in the Globe Debate.

The Hon. Sinclair Stevens,
Leader, PC Party
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Last Updated on Friday, 18 September 2015 17:20