Why would we want to do that? We need the people.
We do NOT need illiterate, unskilled, potential national security risks that will require welfare, all manner of skills training and security supervision for DECADES TO COME!
Here is an article showing us the dark and ugly future that LIE-berals are buying for us as they struggle to cling to power at any price! With some comments of my own in brackets):
Ontario’s economy a house of cards.
PHILLIP CROSS. First posted: Tuesday, July 04, 2017 10:40 PM EDT | Updated: Tuesday, July 04, 2017 10:44 PM EDT
Ontario traditionally has been Canada’s engine of growth. However, over the past decade the province has slipped to “have not” status, meaning it receives equalization payments.
While housing recently has provided a temporary economic boost, concern about the province’s longer term growth prospects is growing.
(And of course provincial LIE-berals have now killed off the housing market with various taxes to reduce the threat of a housing “bubble” building major debt loads that could collapse at any time with disastrous consequences!)
Ontario suffers from chronically weak business investment. The investment slump, especially in manufacturing, which is the sector most exposed to international competition, is symptomatic of the high cost of doing business here.
Manufacturing remains critical to Ontario’s economy — despite its recent woes it’s still the third largest employer. Even Premier Kathleen Wynne said manufacturing is “in Ontario’s DNA”, although she seems to have difficulty drawing the implication that competitive costs are important.
(And she is oblivious of the consequences of her sky high electricity rates and the carbon crap and trade scam she shoved on us- and on manufacturers crippled by LIE-beral greed!)
That’s why it’s worrying that manufacturing sales in Ontario are little changed since 2003 compared with gains of 14% in Quebec and more than 20% in British Columbia and Alberta, despite the removal of impediments such as a high dollar and high oil prices.
Some of Ontario’s weakness reflects the long-term shift of auto production to the United States and Mexico.
(I would add that auto parts production has shifted to a variety of third world countries and that even Mexico is being hard pressed to keep its jobs in this environment! After all a Mexican wage of one dollar U.S. an hour is high compared to places paying 25 cents per hour!)
Several other components of our manufacturing sector, however, have fared even worse.
Investment in Ontario has been halved since before the recession in industries such as computers and electronics, lumber, paper, printing, rubber and plastics.
But it’s not just manufacturing where there’s a problem. Overall business investment — the lifeblood of any jurisdiction’s long-term growth — has slumped.
Business plans to invest $50.9 billion in Ontario this year, down from $53.8 billion before the recession.
(In other words- 8 years of LIE-beral mandated “improvements” in the Ontari-owe economy since the 2008 melt down have NOT led to any increase in investment- rather it’s the opposite!)
Sluggish business investment and manufacturing, at a time of growth next door in Quebec, suggest the reasons for the slump are specific to Ontario. The high cost of doing business is a major factor.
(LIE-berals are now pretending that all is fine in Ontari-owe simply because a few people have picked up part time McJobs with crap pay rates- while at the same time LIE-berals have recently gone on a buying spree- as the 2018 election DOOM approaches, and they have hired a bunch more civil service Hog bureaucrats that do nothing useful and which we cannot afford!)
These costs include electricity rates, which are among the highest in North America and well above neighbouring Quebec, even with rebates for large industrial users.
Meanwhile, unit labour costs are the highest outside Atlantic Canada and will go higher after the minimum hourly wage climbs to $15 in 2019.
Finally, Ontario has the second highest top marginal personal income tax rate in North America, and high levels of government debt promise further increases unless spending is curtailed.
(The quickest way to curtail spending is to dump LIE-berals who see nothing wrong with bankrupting us as they buy Hogs voters riding that un-affordable and filthy rich civil service govt gravy train!)
With weak business investment, Ontario is increasingly reliant on housing for growth. In 2016, housing accounted for 29% of income growth.
(With the recent LIE-beral changes to mortgages and etc- the City of Toronto is looking at a sudden hole of at least $50 million dollars in its house sales taxes!)
The boom in housing, which many call a bubble, has papered over the cracks in Ontario’s economy and government finances.
However, this dependence on housing leaves the economy and government finances vulnerable to a market downturn. Already, house sales in Toronto in the first half of June fell 50% from a year ago, after governments introduced measures to cool the market.
While little noted in Ontario, the Quebec media gleefully trumpet every sign La Belle Province is narrowing Ontario’s traditional lead in economic performance.
(And no wonder! LIE-beral friendly Ontari-owe media does not want to hurt its LIE-beral pals by exposing their fiscal incompetence!)
Just last week, Standard and Poor’s lifted its rating of Quebec’s government debt above Ontario’s, a reward for years of mild-but-consistent austerity while Ontario continues to pile up more and more government debt. Unemployment, traditionally several points higher in Quebec, fell to half a point below Ontario’s in May.
To ensure strong, long-term growth, Ontario must attract business investment.
Unfortunately, at least partly due to government policies driving up costs, this remains a critical weakness for Ontario’s economy.
- Cross is the author of Ontario’s One Cylinder Economy released today by the Fraser Institute
