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Feb 11 2014
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Hugh Mackenzie
In the lead up to Budget
2014, the Wynne government is caught in between the doom and gloom
fiscal narrative her predecessors handed her and the end of austerity
narrative her government floated.
Ontario's plan to attract business is to raise costs and embrace unions
After overseeing a decade in which thousands of manufacturing jobs have left the province as plants close in the face of high costs, Ontario has been shedding jobs and factories at a steady pace for years, all under the auspices of the Liberals. A decade of Liberal government has seen the manufacturing base collapse, the auto sector dwindle, electricity costs soar, and one firm after another conclude it could find friendlier conditions elsewhere.Wynneing!
Sun News: As the Canadian Taxpayers Federation points out, that means the [Ontario] provincial debt is now rising at the rate of almost $1 billion a month ($978.6 million), $225.8 million per week, $32.17 million per day, $1.34 million per hour, $22,342 per minute or $372 per second.
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