Friday, March 11, 2011

$28B for Jets

As normal, the Conservative government has something to hide. According to Parliamentary Budget Officer Kevin Page, the cost for the F-35 fighters will be about 28 billion dollars. That's just a lot higher than the Tories "estimate" of $9 billion. Here we find that the Tories are once again keeping secrets. Actually, that's a euphemism. Let me put it this way: they are lying. This is a lie that could affect Canadians for decades and we are talking about many billions of dollars. It's not fair to Canada for the Tories to keep lying like this.
OTTAWA — The federal government has grossly underestimated the cost of the F-35 fighter jet deal, according to a newly released report that suggests the controversial purchase will be nearly twice as much as initially thought. 
The report, by Canada's parliamentary budget officer, pegs the total cost of the stealth fighters over a period of 30 years, at more than $29 billion U.S. ($28.5 billion Cdn).
Read more at the Ottawa Citizen.
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