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Debt for all, profits for few

Dear Editor With the Canadian Taxpayers Federation Debt Clock making its national tour, the taxpayers of Saskatchewan must ask themselves, “Are we okay with taking on massive amounts of debt for the profit of only a few giant multinational corporatio

Dear Editor

With the Canadian Taxpayers Federation Debt Clock making its national tour, the taxpayers of Saskatchewan must ask themselves, “Are we okay with taking on massive amounts of debt for the profit of only a few giant multinational corporations?”

The Regina Bypass stands to add $2 billion to our total debt load, whether it be federally, provincially or municipally, while only a select few land speculators are profiting heavily. Meanwhile, other long-term landowners, some who have the same land their great-grandparents owned when they came to Canada in the early 1900s, are getting shafted by being forced to accept pennies on the dollar of their actual worth.

Why are the total population of the province being held responsible for the long-term debt of the Regina Bypass project? While it is heavily suspected that inside traders, land speculators and a chosen few have already reaped huge financial gains?

An independent judicial inquiry and a full RCMP investigation, the likes of the Charbonneau Inquiry in Quebec, should be demanded by the taxpaying public  of Saskatchewan. After all, it is they who are being held responsible for this massive indebtedness, for the benefit of a chosen few insiders.

Donald Neuls

Coppersands

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