The transition from private business to the very public world of politics has been both interesting and more challenging than I had envisaged. Based on my first seven months in office, the most challenging issue facing our City is financial sustainability.
As I have reflected on this issue, I have concluded that two things may have contributed to us moving from a municipality whose Reserves totaled $100 million dollars just a few short years ago, to one where we are now the second highest indebted City ($94 million dollars), in B.C., after Vancouver. Without a doubt, Capital spending has brought us to a place where other services vital to the health and well being of a community will have to be deferred for many years. Groupthink may be a second contributing factor, which is a subject that I wrote about during… Continue Reading