TORONTO – Soaring electricity prices resulted in 75,000 fewer manufacturing jobs for Ontarians since the recession, a new report says.
Rising Electricity Costs and Declining Employment in Ontario’s Manufacturing Sector — a report prepared by Ross McKitrick and Elmira Aliakbari of the Fraser Institute — says the provincial government’s hydro policies are to blame for the disproportionately high prices and lost jobs.
The deletion of thousands of documents related to the politically explosive decision to cancel two gas plants near Toronto was a deliberate act that breached the public trust, the trial of two former top aides in the Ontario premier’s office heard Friday.
The war of residents against industrial wind turbines is being fought by rural communities in many countries.
Their common enemy is the financially-powerful wind industry, which is failing miserably in its efforts to deliver affordable and reliable electricity. It survives because its revenues are government-contracted.
In Ontario, Premier Kathleen Wynne’s government won’t let local residents win this war.
While politicos were feverishly high with Premier Kathleen Wynne testifying in a Sudbury courtroom last week at the trial of her Liberal Party lieutenants facing election law bribery charges, Ontarians were left scratching their heads after her government’s cannabis retailing scheme was announced.
For all the talk of wanting to take illicit cannabis off of our streets, away from organized crime, and out of the hands of Ontario’s minors, Wynne decreeing the half-baked debate done is likely setting the stage for her government’s next billion-dollar boondoggle and accomplishing none of the above.
Well connected Liberal Party members will make a killing, that is guaranteed.
If we had the sort of elaborate betting infrastructure the punters in England and Las Vegas enjoy, I’d put a few hundred on Kathleen Wynne emerging victorious in the next Ontario election. Yes, I’m serious, because what an immense pay-out you’d get from such a contrarian bet.
Sure, it goes against conventional wisdom. After all, she hit 12% in the polls recently. They say Donald Trump is against the ropes, yet he clocks in at three times Wynne’s numbers!
SUDBURY — It will be quite the unprecedented sight.
On Wednesday morning, a sitting premier will take the stand, promising to tell the truth and nothing but the truth, at the Election Act bribery trial of two of her former henchmen. Whatever Premier Kathleen Wynne has to say, she loses.
Increasing the minimum wage to $15 an hour could cost 50,000 jobs, warns Ontario’s independent fiscal watchdog.
The Financial Accountability Office on Tuesday released a six-page assessment of the Liberal government’s forthcoming hike to the $11.40-an-hour wage, which will jump to $14 in January and $15 in 2019.
“On net, the FAO estimates that Ontario’s proposed minimum wage increase will result in a loss of approximately 50,000 jobs (0.7 per cent of total employment), with job losses concentrated among teens and young adults,” the office said.
“The higher minimum wage will increase payroll costs for Ontario businesses, leading to some job losses for lower income workers,” it continued, echoing the concerns of the Ontario Chamber of Commerce and other business groups.