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Selling assets to balance budget?

by Adam Proskiw - Story: 87501
Feb 16, 2013 / 8:41 pm

The Liberal government's plan to balance the provincial budget next week by conducting a fire sale of public assets is shortsighted and not in the public interest, says the NDP.

The NDP candidates for Westside-Kelowna and Vernon-Monashee highlighted a Kelowna property destined for sale by the Liberal government in an effort to fill a $700-million hole in the budget.

The lot at 200 Potterton Road in Kelowna, which was assessed at $5 million in 2013, is slated for sale. It is one of approximately 100 assets that were marked for sell-off in the 2012/13 budget.

While the Liberal government has kept the full list secret, Finance Minister Mike De Jong has committed to a "more detailed inventory than you saw last year," when the budget is presented on Feb. 19.





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