By Ryan Kelly
At risk of a credit rating downgrade, Ontario is grappling with the task of closing a presumably skyrocketing debt in the coming years. In search of creative ways of closing this fiscal gap, the Liberal government has been remarkably uncreative in its proposed solutions. Most notably, the proposed budget is void of new or progressive revenues, and is decidedly austere in design. Plainly, with artificially low interest rates, and deficit resulting from the economic downturn of 2008-09, the Liberal government seeks to cut essential public services. Let there be no mistake that Ontario’s financial standing is not in any way the result of over-spending on essential services. Quite the opposite is the case. Per capita, Ontario spends less than any other province on public services. This tells the story of highly efficient programming and servicing. Continue reading