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By 2017/18, the government expects that over 10 cents of every revenue dollar collected by Queen's Park will go to servicing past debt rather than public services that Ontarians care about such as health care and education or tax relief that improves the province's tax competitiveness.
Equalization is the federal government program ostensibly designed to help provinces provide roughly equal government services. Last year, Ottawa transferred $15.4 billion in equalization payments to six "poor" provinces, known as "have-nots." Ontario's entry into the equalization program back in 2009/10 -- think of a big sumo wrestler at a soup kitchen--resulted in a massive shift in dependency in Canada, and that portends future divisive debates. Now, 24.7 million people, or 71 per cent of the population live in a province that receives an equalization cheque from the federal government. This is a problem.
TORONTO - Ontario's New Democrats said Thursday they aren't eager to force an election but added the minority Liberals must swallow their pride and show they can work with the other parties."The premi...