Sep 272018
In an article in today’s National Post (local copy here), the president of the Treasury Board for the Government of Ontario notes that:
- Ontario’s debt is currently $338 billion dollars, the highest non-country debt in the world.
- This debt requires interest payments of more than $12 billion dollars each year – this is the fourth-largest item in Ontario’s provincial budget, and is more than the cost of Ontario’s entire justice system and the taxes from fuel combined. If this debt was eliminated, Ontario’s education budget could be increased by 50%.
Clearly, Ontario’s debt is costing us dearly.
As a result, Ontario’s Treasury Board is doing what it can, for example, by saving $8,000 per year by cancelling their office land-line telephones (as they all have cell phones).
So why won’t Premier Ford do what he can, such as saving at least $70 million dollars by stopping the proposed hydro-electric generating station at the Bala falls, as he promised he would.
This community wants the Promised Criminal Inquiry that Ford talked about at the Bala Falls in February. We need STBFs to also call for that Inquiry
If you stop and think for a moment, perhaps the lawsuits for the cancellation far exceed any other monetary value placed on the project?
I’d believe that the “liberal” party enabled the consultants and contractors to sue for billions….?
Anyone else have this ‘gas plant’ fear?
I do not support the liberal party but their terror reins long and deep.
Hello Rob, as shown in our articles at https://savethebalafalls.com/?p=9003 and https://savethebalafalls.com/?p=9017, the cost of cancellation might be as much as $30M dollars, but the savings would be more than $100M, so a net savings of at least $70M. The cancellation costs of the Oakville and Mississauga could not happen in Bala, and in fact, we believe the proposed project could be stopped with no cancellation costs.
Stick to your campaign promise and stop the rape of Bala Falls! Or can’t you. You make a promise, you keep your promise. Simple.