Salter economics

Councillor Leanne Salter opposes increases in water and sewer rates.

Re: John Harding’s editorial ‘Matters of faith’ (The NEWS, March 5).

Allow me to bridge the gap between editorial commentary and fair representation.

Councillor Leanne Salter opposes increases in water and sewer rates. In addressing these and other budgetary items, Salter was expressing her concerns about incurring major expenses for Parksville residents during a time of possible economic downturn.

The economic downturn is apparent with the Bank of Canada, federal, provincial, most regional and municipal governments navigating their policies and budgets with respect to this reality. In addressing the economic climate, Salter is asking council to be financially prudent when allocating funding for expenditures that may be unnecessary at this time.

Many financial advisors and economic cycle theorists adhere to Cycles Analysis which refers to technical analyses of monetary system patterns, cycles and waves. The “Shemitah Year” is a well known seven-year cycle and speaks to the release of credit and debt. Salter suggested people look into this for themselves. A quick overview of previous seven year cycles and global markets (2008, 2001, 1994, 1987, 1980 etc.) can be quite revealing.

I don’t know what relevance, if any, there is in mentioning Salter resides in Errington. She is a duly elected representative and I applaud her resolve to advocate on behalf of the residents of Parksville.

Jean AllanParksville

Just Posted

Group raising money to stop Parksville supportive housing project

GoFundMe page has $15.2 K for lawyer fees raised since July 8

Hot stretch leaving Parksville Qualicum Beach homeless in need

Manna looks for water, sunscreen donations

District 69 athletes to compete at BC Summer Games

Opening ceremony aims to inspire, delight and entertain

Cycle of Life Tour seeks donations for hospice society

Riders will cycle 200 km to help keep hospice care in motion

Regional trails closed due to fire hazard

The Regional District of Nanaimo is closing trails within its jurisdictions effective… Continue reading

VIDEO: Skydivers land at Beach Day in Qualicum Beach

Sandy arrival one of various attractions at annual event July 15

After cave rescue, soccer boys pray for protection at Thai temple

On Wednesday evening, the boys and coach were released from hospital

Gymnastics sex abuse victims join hands, accept courage award at ESPYs

The women who spoke out against the abuse by Larry Nassar stood together Wednesday night

Wildfires erupt in B.C. Okanagan forcing evacuation orders and a highway closure

Check out a list of up-to-date information on blazes happening within the Kamloops Wildfire Centre.

‘Amazing Race Canada’ competitors face B.C. challenge

They drove Corvettes, mastered falconry basics, and ate blueberry pie in the Cowichan Valley

Grizzly bear jumps in river, chases B.C. kayaker

The bear got a bit too close for comfort along the Elaho River near Squamish

Island man convicted of 1999 sex assault at Fraser Valley music festival

James Allen Redden, formerly of Nanaimo, was found guilty of three charges

Parks Canada looks to shine light on cloudy future for historic sites

A plan is in place to produce 10-year plans designed to turn around sagging attendance figures

B.C. poet shines a bright light on struggle with homelessness

Book launch for John La Greca’s Homeless Memorial is at Vernon’s Gallery Vertigo July 21.

Most Read