Ontario faces $15B deficit, challenging past government’s budget numbers: finance minister
TORONTO – Ontario’s finance minister says an independent commission that probed the province’s books has found the government ran a multi-billion-dollar deficit in the last fiscal year.
In a speech to the Economic Club in Toronto – his first major address since becoming finance minister this summer – Vic Fedeli says the previous Liberal government did not balance the budget as it reported.
Ontario voters issued 38 pink slips to returning provincial Liberal MPPs, and will now pay millions in severance.
Those departing MPPs are owed parting gifts of at least $6.1 million in total, the Toronto Sun estimates based on the MPPs’ 36 consecutive best earning months and years of service.
One more reason for single term limits, running for office should be the right and duty of the civic minded citizen not a “lifestyle” choice.
It won’t be long before the Ontario Liberals, aided and abetted by the liberal media, start blaming the Progressive Conservatives for the financial mess they’ve left us in after 15 years in power.
You can already see it happening in some smug media commentary, gleefully predicting Premier-designate Doug Ford and the PCs are going to be a disaster.
This is the tip of the iceberg.
With no lack of remorse, Wynne had stated that she now believes that Doug Ford should change the political rules to better match her circumstances.
The Ontario provincial election was quite the roller coaster.
Fortunately, it had a happy ending that saw the Liberals tossed to the curb. It will take a lot more than four years of Tory rule to undo the deep damage caused to the economy and the middle class. Skyrocketing hydro bills alone will likely take decades to bring under control.
Nothing is owed that vile thief, no mercy.
If recent polls are correct, the Liberals look poised to drop from the governing party in Ontario to losing their official party status.
As of June 5, according to the CBC News poll tracker, the Progressive Conservatives were at 37.6 per cent support, the NDP at 36.1 and the Liberals at 19.9 per cent.
Kathleen Wynne’s election concession some five days before Ontarians vote in their June 7 provincial election was the latest bizarre twist in Ontario’s crazy year of politics. Some members of Wynne’s team are framing this as a great selfless act that will liberate local candidates from the premier’s current toxic brand, potentially giving some of them a better opportunity not to be wiped out.
“I know that we are going to see a good result in this region,” said Wynne. “I don’t know where it is going to be, I don’t know exactly what the numbers are going to be but you’ve got good, strong people running in this region. I hope everyone will look very carefully at them before they go to the polling station.”
As we enter the home stretch for the Ontario election, one election issue that has received surprisingly little coverage is the problem with car insurance rates. I am not a quant and I don’t work for Google or SpaceX. But then, it doesn’t take a rocket scientist to figure out that the math around Ontario’s car insurance rates simply doesn’t add up.
A startling report titled “Price Regulation and Possible Premium Overpayments: Automobile Insurance Companies in Ontario,” was updated on April 26, 2018, by Fred Lazar, professor of economics at York University. It was prepared for the Ontario Trial Lawyers Association.
It’s an odd strategy, asking people to vote for you because you can’t win. That’s exactly what Kathleen Wynne was doing on Saturday morning when she conceded that she won’t be premier after Thursday’s vote.
“I don’t know who voters will choose but I am pretty sure that it won’t be me,” Wynne said at stop in Toronto. After acknowledging that she won’t be premier, Wynne tried to put a positive spin on things.
“And I’m okay with that, because, as I’ve said many times before, it’s not about me. It’s about the people of this province.”
Lock her up.
Small consolation, her “legacy” of mismanagement and corruption will live on.
Kathleen Wynne admits Liberals won’t win election, urges voters to still vote for the party
Voters want change in Ontario. So, as voters, we should look at the biggest force for change in this election: Premier Kathleen Wynne.
Caution: HuffPo link. If you visit, be sure to shower immediately afterwards.
For Ontario voters who don’t like the idea of a government run by Doug Ford, Andrea Horwath or Kathleen Wynne, another potential leader has emerged.
All he asks is that you kneel before him.
Which is really no less than what Trudeau and Wynne demand.