Ontario Liberals create Ontari-owe

Between 2003 and 2016 under the Ontario Liberal's, Ontari-owe's net public debt grew to $307 billion from $138.8 billion--an increase of $179-billion. The net debt-to-GDP ratio rose to 40% from 27.5% in 2003, only a record the Ontario Liberals could be proud of.

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The debt clock continues to tick upwards. The Wynne Liberals have now opened up the Bank of Ontari-owe to finance loans for the sale of Hydro One stock.. Premier Wynne says Ontari-owe needs cash urgently and went public after former Conservative Prime Minister Stephen Harper for an extra 12 billions dollars a year in transfer payments ( It must be noted premier Wynne has not gone public to ask Liberal prime minister Justin Trudeau for the extra 12 billion a year.) Premier Wynne also stated the 60% sale of Hydro One was required to generate a cash flow along with other Ontario assets which are to be sold, so I must ask why is Ontari-owe financing loans for the sale of Hydro One stock. The provincial debt is predicted to rise over the next 5 years for a grand total of 350 billion dollars according to Stephen, Leclair Ontario's financial accountability officer. He also noted Ontario used to make 750 million dollars a year from Hydro One, which we will longer make do to the 60% sale and Ontario will lose the 100 million dollars a year we get from Hydro One in lieu of taxes they paid due to this sale. Leclair also noted that the 60% sale of Hydro One will only add to Ontari-owe's debt problems, so I must ask why are the Liberals so intent on destroying Ontari-owe now and for future generations with this massive debt they created and ensuring Ontari-owe has the highest hydro rates in North America and their policies of taxing and putting fees on everything we buy or use .

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I would also like to note Ontari_owe does not have revenue problem the Liberals have a serious problem of mismanaging funds and policy making.. Premier Wynne and her Liberal party seem not to care about the 300,000 manufacturing jobs lost in Ontario or the damage they continue to do with their tax and hydro rate policies which continues to drive investment and companies out of Ontario but are more interested in rewarding their public service union buddies in return for the Liberal vote. Sources of info Ont. accountability officer warns against sale of Hydro One Oct 29, 2015 - Ontario takes next step to sell Hydro One, filing preliminary prospectus ... but because of the loss of net income that results from the partial sale, there will ... Premier Kathleen Wynne said she needs to sell 60 per cent of the utility to ... Municipalities, business groups, unions, First Nations and both opposition ... Ontario strikes deal to sell Hydro One shares to First Nations ...the province's First Nations to loan them up to $268-million to buy up to 15 million ... but below the $24-to-$26 range the stock has been trading in recent months. ... Kathleen Wynne defends the sale of Hydro One (The Globe and Mail) ... Ontario shrinks deficit by $1-billion with help from Hydro One sale. Philip Cross: It's official. Kathleen Wynne's Liberals ... - Financial Post May 12, 2016 - Kathleen Wynne's Liberals have made Ontario's economy as pathetic as ... of manufacturing and finance to government-directed investments Taxpayers Pay To Sell Hydro One--Windsor Square Opinion The two unions involved are the Power Workers' Union and the Society of ... In a letter to The Square, he accuses Premier Kathleen Wynne's government of using an ... "Premier Wynne states $5 billion will go back into Hydro One so, ... about the intent of the union loans being to shore up Liberal support. FAO says balanced budget achievable for province in 2017-18 but ... May 18, 2016 - (TORONTO, May 18, 2016)--Stephen LeClair, Ontario's Financial Accountability ... The Financial Accountability Officer states that "beyond 2017-18, ... This continued growth in debt reflects projected deficits plus $45 billion in Kathleen Wynne urges Ottawa to boost funding for neglected ... Aug 6, 2014 - Ontario Premier Kathleen Wynne asks the federal government "to do its ... Premier Kathleen Wynne wants $12 billion a year from Ottawa

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