no wynne situation

Locutus
#1
Ontario’s big bad budget news gets bigger, badder



because liberals



The really big number in the latest budget — a $310 billion debt — keeps getting bigger. And badder.

With the Liberals’ stillborn spring budget reincarnated as a summer spending plan, storm clouds loom over Ontario’s debt horizon.

Two years ago, Moody’s downgraded our credit rating. Two weeks ago, the rating agency placed Ontario on a “negative outlook” for another possible downgrade — a precursor to potentially higher interest rates.

Just how bad is it?

The opposition Tories have been warning for years that Ontario is heading the way of Greece, which faced the spectre of bankruptcy two years ago. But as the Progressive Conservatives discovered on the campaign trail, voters rarely cast their ballots on the basis of balance sheets.


mo



Ontario’s big bad budget news gets bigger, badder: Cohn | Toronto Star
 
lone wolf
Free Thinker
-1
#2
Don't know.... When the Opposition Tories warn for years that Ontario is going the way of Greece, yet Government Tories did much to set up the situation with Federal Free Trade and Provincial axmanship of the one one great incentive for industry to locate in Ontario - power at cost - it sort of makes me wonder at the Tory gameplan too
 
petros
#3
Sometime it looks like ON is being destroyed on purpose.
 
lone wolf
Free Thinker
+1
#4  Top Rated Post
Quote: Originally Posted by petrosView Post

Sometime it looks like ON is being destroyed on purpose.

When you see the stupidity from within, you get the same idea
 

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