ONTARIO ELECTION

CP

Wynne, Stop Ontario's Credit Rating From Plummeting Further

The government already spends 9.2 per cent of its revenues to service its debt and, according to its own estimates, this will rise to nearly 11 per cent in the next four years. Put plainly, Ontario spends $1 out of every $10 sent to Queen's Park to pay for past debt. This is money not spent on health care, education, transportation, or other public priorities. The increase in rates and the expectation for further hikes means even more tax revenues will go to paying interest instead of key government services.
CP

Bankers Beware: Here Comes Disruption

Toronto's and Ontario's cash cow -- banking -- is going to face increasingly rough seas. This won't happen immediately, but a steadily downward trajectory affecting profits and employment is clear. At a recent high-level conference in New York on the future of finance, the news was great for consumers but grim for the world's bankers.
CP

Let's Get Back To Work

TORONTO - Still basking in the glow of an unexpected majority mandate, Premier Kathleen Wynne isn't wasting any time putting Ontario's newly elected politicians back to work.The legislature will retur...
CP

Hudak Flop A Lesson For Harper

Tim Hudak's staunch hard-right austerity message failed last night to vault his Progressive Conservatives over the incumbent Liberals, but pundits say the loss will also be a sobering lesson for...