Premier Kathleen Wynne says Ontario is ready to shield Canada from the economic tsunami caused by declining oil prices and a sinking dollar.
While petroleum-dependent provinces such as Alberta are taking a financial walloping, Ontario’s manufacturing heartland is poised to take advantage of cheap gasoline and a weak loonie this year.
“Ontario’s economy can be a buffer,” Ms. Wynne said in an interview at her Queen’s Park office. “We have a diverse economy and it can be a buffer, in a time like this, against some of that volatility.”
It’s a joke, a sick one.