Ontario deficit will triple as economy weakens, 2024 budget shows

shockedcanadian

Diamond Member
Aug 6, 2012
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They pushed back the year for the balanced budget, again. There isn't going to ever be a balanced budget unless they stash away federal downloads and apply it to the deficit and even then there will be a shortfall.

They are cutting teachers, our health care is the worst in the G10, but one industry expands again and again...policing. That is what is deemed "conservative" in Canada.

I know quite well how they create perpetual "criminals". The racket that will collapse us in the same manner the old Soviet system collapsed.

High interest rates are expected to take a toll on Ontario's economy this year, the province said in its 2024 budget, which includes projections of weak economic growth and a ballooning deficit.

Finance Minister Peter Bethlenfalvy tabled the government's $214-billion budget at Queen's Park Tuesday, saying it is investing in housing, roads and public services during a time of uncertainty without raising taxes.

"These investments and more are a signal to Ontarians of our commitment to keep building Ontario while retaining a prudent, targeted and a responsible approach to public finances," Bethlenfalvy said at a news conference.

"We're not backing down from investing in what matters most and we are not going to increase costs on our people."
 
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They pushed back the year for the balanced budget, again. There isn't going to ever be a balanced budget unless they stash away federal downloads and apply it to the deficit and even then there will be a shortfall.

They are cutting teachers, our health care is worst in the G10, but one industry expands again and again...policing. That is what is deemed "conservative" in Canada.

I know quite well how they create perpetual "criminals". The racket that will collapse us in the same manner the old Soviet system collapsed.

High interest rates are expected to take a toll on Ontario's economy this year, the province said in its 2024 budget, which includes projections of weak economic growth and a ballooning deficit.

Finance Minister Peter Bethlenfalvy tabled the government's $214-billion budget at Queen's Park Tuesday, saying it is investing in housing, roads and public services during a time of uncertainty without raising taxes.

"These investments and more are a signal to Ontarians of our commitment to keep building Ontario while retaining a prudent, targeted and a responsible approach to public finances," Bethlenfalvy said at a news conference.

"We're not backing down from investing in what matters most and we are not going to increase costs on our people."
Socially responsible government spends money when spending is needed. This has been determined to be a need for more police protection. It has nothing to do with your conspiracy theories on being harrassed by police in the hospital.
 

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