Ticked Off?

 TICKED OFF?

 
“Paying interest on this debt is the third largest expense in the budget, and it’s the fastest growing expenditure in Ontario.”

LSARC obligingly hitched to tow the Canadian Taxpayer’s Federation (CTF) Debt Clock (coming soon to a town near you) on its visit to Sault Ste Marie.  As supporters of the Algoma District Ratepayers Association (ADRA) we participated in the CTF event at City-Hall, co-hosted by the Sault Ste Marie Association of Ratepayers (SSMRA).

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LSARC less willingly shoulders the actual debt burden the Ontario government continues to add to, unfettered by due diligence or proper accountability.  According to the CTF, Ontario’s debt is the equivalent of all other provinces combined.  CTF Ontario Director Candice Malcolm says:

“It’s only a matter of time before this economic house of cards comes crumbling down.”

In her Debt Clock Tour commentary Ms Malcom states: 

“Premier Wynne now carries the same big government torch handed down by Dalton Mcguinty. In her first budget, she increased spending by 3.6 billion… our government is growing at twice the rate of the economy! ”

“ His team of reckless spendthrifts added over $110 billion to the Provincial debt in only nine years, thanks to pet projects like the Green Energy Act…”

Ontario’s Auditor General made that point repeatedly, yet the media largely ignored the dire implications!  CTF has sometimes been criticized in the media for it’s tactics to raise public awareness, when it is journalism’s own lapses which necessitate these alternatives …

Some also claim the Ontario Liberals are being targeted unfairly, however LSARC feels CTF gave them an undeserved break in 2012.   Based on the shocking revelations in the Auditor General 2011 report on Renewable Energy we nominated our now-departed Premier for their “Teddy” award which annually spotlights the worst of government spending. Though Derek A.G. Fildebrandt, CFT National Research Director, responded to our nomination of Dalton Mcguinty, “We have gotten a ton for him!”, he somehow escaped the gilded porker.

Ms Malcom comments:

 “Paying interest on this debt is the third largest expense in the budget, and it’s the fastest growing expenditure in Ontario.”

“The bottom line is, that this debt is irresponsible, by not addressing it and not paying it off now, we are handing the responsibility over to our children and grandchildren who will be forced to pay it with higher taxes and fewer services.”

Ticked off yet?  For information on Algoma District Ratepayers Association contact action at lsarc.ca.

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About lsarc

LSarc is grassroots protection of Lake Superior through citizen science and volunteerism.  If you are interested in preserving intact ecosystems and restoring biological integrity of the Lake Superior watershed using the scientific method to test hypotheses and research, then you are LSarc LSarc is proud to be a member of the John Muir Trust and the 60th member organization of Wind Concerns Ontario
This entry was posted in Ontario Auditor General, Ontario Debt, Ontario Green Energy Act, Ontario Politics, Subsidies and tagged , . Bookmark the permalink.

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