‘Even more spending’
Dear Editor:
I could be wrong but my understanding of a sovereign wealth fund is the government running a surplus budget and taking the extra money not to create more public services, jobs or departments but investing in safe, profitable, good-return investments and have that money available in case of an emergency shortfall instead of running deficits.
The one created by the federal government is not that in any way. The government currently has less money coming in and continues to not only not hold the line on expenses, but add even more spending.
On top of that the government is going to add yet another $25 billion, leading to more debt. I can’t grasp why even a Liberal voter would see this as sound management.
Doak McCraney,
Guelph