Canadian's Are In For a Nasty One?
Ontario Fiscal Mess
Ontario is in a moral and financial mess. It is also very apparent this province is greatly polarized between rural and urban voters. Rural voters are still smarting from the Green Energy Act saw wind turbines foisted on unwilling communities. Budget promises a made-in-Ontario pension plan that will bring in a payroll tax of almost $ 1,000 a year for corporations that will hurt.This province will almost certainly see a credit downgrade within days of a Liberal Budget passing. We've already seen credit watches and warnings. Our debt is almost $300 billion and there's no credible plan to balance the books. Conservatives told voters by down sizing the civil service and implement a pay freeze for two years.This is the way to go. Message fell on deaf ears.Ontario voters have no appetite to do what it to needs to do to get this province on the right financial track. Liberal government will keep everyone on staff, won't freeze wages and still balance the books....
Comments
Post a Comment