...there is no room back there as liberal "supporters" are still savoring 9 years of McGoontyVaseline Pie.
Wynne's in the red
Ontario’s $12.5 billion deficit is almost double that of the federal government and the provinces — combined.
It’s not until you do the math that you realize what a black hole Ontario’s finances have fallen down under the Dalton McGuinty/Kathleen Wynne Liberal government.
Ontario’s deficit for this fiscal year (2014-2015) is projected at $12.5 billion..
While that’s probably inflated because finance ministers typically lowball revenues and highball expenses at the start of each fiscal year, it still dwarfs all other government deficits in the country — federal and provincial — combined.
The estimated federal deficit for 2014-2015 is $2.9 billion.
For Quebec, it’s $2.35 billion; Newfoundland $538 million; Manitoba $357 million; New Brunswick $391 million; Nova Scotia $279 million; P.E.I. $39.7 million.
Meanwhile, three provinces are predicting surpluses for this year: Alberta at $2.6 billion; B.C. $184 million; Saskatchewan $71.4 million.
No comments:
Post a Comment