04/22/2013 03:36 EDT | Updated 06/22/2013 05:12 EDT

B.C. Liberals' spend-o-meter takes aim at NDP promises

The B.C. Liberals have unveiled a large billboard to track the New Democrats' spending priorities, saying the NDP's election platform will bankrupt the province.

Abbotsford West candidate Mike De Jong unveiled his party's ‘spend-o-metre’ in Delta on Sunday, which shows a running total of the NDP’s proposed $2 billion in program spending so far.

“British Columbia's credit rating will be downgraded. The cost of borrowing in this province will go up. Taxpayers will face higher debt servicing costs. There will be higher taxes, there will be less money available for health care and education,” said de Jong.

De Jong says the NDP refuses to say how it will pay for a myriad of campaign promises.

Dix's programs include offering post-secondary students non-refundable grants, reducing child-care fees and increasing welfare rates and offering family bonuses.

NDP finance critic Bruce Ralston dismissed the billboard as “a pretty lame gimmick,” saying his party has been clear about how it will raise and spend the money.

Ralston, the NDP candidate for Surrey-Whalley, criticized the Liberals for running five consecutive deficit budgets while in power, and raising the provincial debt by 50 per cent in five years.

British Columbians head to the polls to elect a new government on May 14.