Opinion

EDITORIAL: Coquitlam loan makes sense

Coquitlam council is not trying to pull a fast one by holding an alternative approval process rather than a referendum to gauge public opinion on a proposal to borrow $17.9 million to pay for roads and water services on Burke Mountain. Granted, you would have to pretty fired up to take the steps required to oppose the measure. But the plan is not controversial, the investment sound and the payback plan low-risk.

This was not the case when the city of New Westminster used the same process to borrow a much larger amount — $59 million — to finish a much riskier project — an office building on top of a city arts centre. In that case, a more direct referendum would have been appropriate because the project was controversial and the payback plan, given the tough economy and the market for office space, was risky.

Still, Coquitlam residents shouldn’t sleepwalk through this loan approval process and should make every effort to find out about the projects and the payback plan. Democracy only works when people make use of it. While we give politicians the authority to make decisions for us, it’s still our job to hold them accountable.

What do you say? Will you oppose the Burke Mountain borrowing plan by signing the counter-petition to defeat the measure? VOTE in our online poll.

We encourage an open exchange of ideas on this story's topic, but we ask you to follow our guidelines for respecting community standards. Personal attacks, inappropriate language, and off-topic comments may be removed, and comment privileges revoked, per our Terms of Use. Please see our FAQ if you have questions or concerns about using Facebook to comment.

You might like ...

COLUMN: Distracted driving is a ‘societal addiction’
 
COLUMN: Workers are not the problem at city halls
 
Flooding causes evacuations in Coquitlam
ELECTION 2014: Video for Chris King, Port Coquitlam school board
 
South Surrey businesses victims of smash-and-grab robbers
 
Extremists shell northern Syrian town
Dying Olson unleashes many emotions
 
Tolls likely to lead to congestion
 
Burnaby mosque receives threats

Community Events, October 2014

Add an Event

Read the latest eEdition

Browse the print edition page by page, including stories and ads.

Oct 24 edition online now. Browse the archives.