Government and Shiny Pennies

shiny pennies: Loans for winter tires, new daycare spaces and an extra property-tax credit for seniors are some of the goodies in Thursday's budget, the shiny pennies typical of short-term thinking embedded in government budgets. , according to Winnipeg Free Press. Its not clear just how much the aging demographic will end up costing provincial governments in terms of health care. Right now, interest rates are low, making government projects affordable. In future, cheap borrowing will disappear. By the time the province funds more rapid transit or personal care homes, it could be much more expensive. Photo Store The trouble is, some big and ugly problems are looming in the coming decades, and it's not clear how and when those might swamp government spending, including in Manitoba. Enlarge Image (www.immigrantscanada.com). As reported in the news.