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Debt haunts Canadian Alliance

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Published: April 18, 2002

EDMONTON – For a staunch fiscal conservative like new Canadian Alliance

leader Stephen Harper, it is an embarrassment.

He has inherited a party $2.3 million in debt after a year of

leadership turmoil under Stockwell Day that kept donors away in droves.

“Indebtedness is inconsistent with the values of our party,

inconsistent with the spirit that saw this party in the 1990s lead the

charge in Canada for fiscal responsibilities and balanced budgets,”

Harper said April 6 during his first major speech to the party since

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winning the leadership over Day two weeks earlier.

His speech wrapped up a three-day Alliance policy convention that was

haunted by the party’s enormous debt and threats from Ontario business

donors that money will stay in their pockets until Alliance and

Progressive Conservatives get together. It was philosophically

offensive and politically limiting.

“We will pay down this debt as part of our preparations for the next

election,” Harper said.

“We will run this party the way we should be running the country –

debt free.”

Delegates responded by pledging $1.1 million during the convention in

loans or grants from constituency associations.

West-central Saskatchewan MP Gerry Ritz, for example, announced that

even though the farm economy in his Battlefords-Lloydminster area is in

bad shape, Alliance members found a way to pledge $15,000.

Southeastern Saskatchewan MP Roy Bailey pledged $1,000 of his own money.

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