WhatFinger

Ontario has the seventh-largest sovereign debt load in the world

Taxpayers Take on Sousa


By Canadian Taxpayers Federation ——--April 29, 2014

Canadian News, Politics | CFP Comments | Reader Friendly | Subscribe | Email Us


MISSISSAUGA, ON: The Canadian Taxpayers Federation (CTF) has unveiled the latest billboard in its Bankrupting Ontario ad campaign. The campaign, launched last week in Charles Sousa’s home riding of Mississauga South, takes aim at the finance minister and his hostility towards balancing Ontario’s budget. The campaign is picking up steam after the media coverage last week, and has been able to raise money to buy additional billboards.

The new billboard reads “Charles Sousa’s Debt Falls on Their Shoulders” and it features a picture of a young boy holding a piggy bank and a hammer. “The Wynne government and especially Finance Minister Charles Sousa, refuse to acknowledge the treacherous state of Ontario’s finances,” said CTF Ontario Director Candice Malcolm. “Their willful ignorance may help them sleep at night, but it doesn’t exactly lend confidence to Ontario residents who are now on the hook for over $20,000 in per capita government debt.” Ontario has the seventh-largest sovereign debt load in the world, in the company of Greece, Italy, Ireland, and the other Euro-debt crisis nations. Ontario has a greater reliance on borrowing and debt than any other province or state-level government in the world. “The Bankrupting Ontario campaign highlights the Wynne government’s irresponsible, short-sighted, and reckless economic decisions,” said Malcolm. “Unfortunately, these politicians have their heads buried so deep in the sand they actually celebrate their multi-billion dollar borrowing schemes.” “Today’s debt is tomorrow’s taxes,” said Malcolm. “And when the time finally comes to pay for this government’s exorbitant waste, it will be our children and grandchildren who get stuck with the massive bill.”

Support Canada Free Press

Donate


Subscribe

View Comments

Canadian Taxpayers Federation——

Canadian Taxpayers Federation


Sponsored
!-- END RC STICKY -->