I'm very concerned when capitalists like Norm Streau are allowed to print falsehoods such as his article in the June 15 Citizen.
He blames the B.C. New Democrats for the downturn in housing prices. I believe that when a person submits an article, that article must be beyond approach. This article doesn't pass the sniff test. Both Canada Mortgage and Housing and the Bank of Canada tightened up qualification and lending rates last year. Streau sadly doesn't mention this in his article.
His hate for the NDP is quite evident. Streu misses take home wages for the average worker are part of the problem. Too many people live below the poverty line. All one needs to think about is the number of food banks and how many there was 40 years ago and how many now.
Prior to Brian Mulroney's free trade, B.C. had five oil refineries. Canada doesn't have enough oil refinery capacity now to meet its needs. Even if we all went to hybrids, we still would have to import fuels. Yet many Vancouver residents oppose a pipeline.
Today sadly we have two oil refineries and one is for sale. If we haven't lost one thousand sawmills, that number would be very close, yet we continue to ship raw logs off shore.
Stan New,
Prince George
