22 DAYS OF INTEREST PAYMENTS
PAYS THE ENTIRE COST OF THE CANCER CENTER
British Columbians are being told to celebrate a new cancer centre in Nanaimo, and yes, it is badly needed. But step back and look at the numbers: the new BC Cancer centre at NRGH is estimated at $311 million, while B.C.’s own 2026 budget forecasts $6.542 billion in total provincial interest costs this year, or $5.154 billion on the taxpayer-supported measure. In plain English, the full Nanaimo cancer centre is worth only about 17 to 22 days of debt interest, depending on which measure you use. And that separate $10 million fundraising drive for equipment? That equals less than one day of provincial debt interest. That is how distorted provincial finances have become: in less than three weeks of interest, B.C. burns through enough money to build an entire regional cancer centre, yet local people are still asked to pass the hat for the equipment inside it
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