My own impression of John Horgan's promises is that he is behaving in an irresponsible and reckless manner.  The BC Prosperity Fund is real.  It is like a savings account.  The BC NDP are making all kinds of big spending promises in this campaign because Mulcair failed to win in the federal election in 2015 with a financially conservative platform.  The federal NDP promised to keep the budget balanced and they ended up in third place.  So in the BC election this year Horgan is going for broke with a lot of big spending promises, and he is also promising to empty out the BC Prosperity Fund.  If the Prosperity Fund is fake, how can Horgan spend the money in it?

There are massive real estate bubbles in Vancouver and Toronto.  Greece still hasn't defaulted on their bonds and left the Euro yet.  China has a massive real estate bubble.  There is the possibility of protectionism.  This is not a good time to empty out the savings account.  This is a time to set money aside for a rainy day.