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Ontario on track to eliminate deficit in 2017: Wynne

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  • Jun 5th, 2017 1:36 pm
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Deal Guru
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Nov 15, 2004
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When the dollar drops a manufacturing based economy does well. What a shock.
Could HAVE, not could OF. What does 'could of' even mean?
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Nov 1, 2006
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divx wrote:
Jul 18th, 2016 3:37 pm
their effort of cock blocking the oil pipeline helped reduce the value of our dollar, so it is somewhat under their control.
But Wynne doesn't have ..... oh, never mind :D
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Mar 11, 2016
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shite...we have the double the debt of California and half the population
Deal Guru
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When did Wynne ever start caring about having a deficit?
"Nothing in the world can take the place of Persistence. Talent will not; nothing is more common than unsuccessful men with talent. Genius will not; unrewarded genius is almost a proverb. Education will not; the world is full of educated derelicts. Persistence and determination alone are omnipotent." - US President, Calvin Coolidge
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GrandePike wrote:
Jul 18th, 2016 5:26 pm
Pulling a Harper with a one time special balanced budget I see
exactly. the funny part is steve apologists will attack wynne for doing the same thing because she is not conservative even though she copied their playbook
Lies, damned lies, statistics and alternative facts
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Jimbobs wrote:
Jul 18th, 2016 7:32 pm
But Wynne doesn't have ..... oh, never mind :D
We can always count on you to lighten up the discussion with your refined sense of humour.
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Jul 10, 2003
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rb wrote:
Jul 18th, 2016 1:14 pm
Selling off Assets (one off), carbon tax and additional revenue tools ....I can see it happening. She'll still have a $300bn debt
If you knew anything about macroeconomics, you'd know that having zero debt is actually a bad thing.
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When is she going to tax the air we breathe?
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LNahid2000 wrote:
Jul 19th, 2016 9:32 am
If you knew anything about macroeconomics, you'd know that having zero debt is actually a bad thing.
Please enlighten me as to why as opposed to a $300bn in debt
http://www.heatware.com/eval.php?id=14378

WENGER IN!!!!


I promise not to cut your taxes but I won't raise them either.
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Feb 14, 2016
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LOL with free education for everyone ? not happening lol
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rb wrote:
Jul 19th, 2016 10:12 am
Please enlighten me as to why as opposed to a $300bn in debt
For one thing you should be analyzing debt as a percentage of GDP rather than as an absolute value that can't be compared to anything.
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LNahid2000 wrote:
Jul 19th, 2016 10:17 am
For one thing you should be analyzing debt as a percentage of GDP rather than as an absolute value that can't be compared to anything.
Right and once you take our provincial debt coupled with our share of federal debt (because after all we have one economy not two )...you get to a very scary number and that doesn't include unfunded pension liabilities


We also have the largest sub sovereign debt in the world
http://www.heatware.com/eval.php?id=14378

WENGER IN!!!!


I promise not to cut your taxes but I won't raise them either.
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Nov 1, 2006
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rb wrote:
Jul 19th, 2016 10:33 am
Right and once you take our provincial debt coupled with our share of federal debt (because after all we have one economy not two )...you get to a very scary number and that doesn't include unfunded pension liabilities


We also have the largest sub sovereign debt in the world
This is why S&P downgraded Ontario from double-A-negative to A-plus last year. The current government may be tackling the deficit but it is piling on the debt especially with their transit infrastructure plans. Interestingly, it is now 28 years since Ontario had a triple-A rating (the best). David Peterson was Liberal Premier then having taken over, in 1985, after 42 years of PC leadership.
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Jimbobs wrote:
Jul 19th, 2016 4:45 pm
This is why S&P downgraded Ontario from double-A-negative to A-plus last year. The current government may be tackling the deficit but it is piling on the debt especially with their transit infrastructure plans. Interestingly, it is now 28 years since Ontario had a triple-A rating (the best). David Peterson was Liberal Premier then having taken over, in 1985, after 42 years of PC leadership.
How exactly do you eliminate the deficit while piling on debt at the same time? This doesn't make mathematical sense.

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