Preaching restraint and reform, Premier Dalton McGuinty is warning that Ontario’s new minority government will have to do more with less.
“We’re living in times that call for greater restraint. Families have now begun to borrow less, pay down debt and be more careful than ever with their money,” McGuinty told 500 people in a speech at the Economic Club on Tuesday.
“So must government. These are serious times and we need a serious plan,” said the premier, who is struggling with a $16 billion budget deficit — $1 billion more than he had claimed on the eve of the Oct. 6 election that returned the Liberals to office with a minority.
more serious business from McSquinty:
Canada News: Belt-tightening ahead, warns McGuinty - thestar.com
“We’re living in times that call for greater restraint. Families have now begun to borrow less, pay down debt and be more careful than ever with their money,” McGuinty told 500 people in a speech at the Economic Club on Tuesday.
“So must government. These are serious times and we need a serious plan,” said the premier, who is struggling with a $16 billion budget deficit — $1 billion more than he had claimed on the eve of the Oct. 6 election that returned the Liberals to office with a minority.
more serious business from McSquinty:
Canada News: Belt-tightening ahead, warns McGuinty - thestar.com