Interest charges of $11 billion dollars a year is already the third largest expenditure in the Ontario budget. It would go even higher if Moody’s downgraded the province’s credit rating
Kathleen Wynne’s Ontario election majority mandate means her 2014 budget is a go, and there are a number of items that will impact business and industry
The Official Opposition calls it “an extremely sad day for democracy…”
Drivers in the Toronto-Hamilton area are paying about $1 billion more in fees and taxes than the annual cost of construction, maintenance and policing
The Progressive Conservatives want McGuinty to shed light on why the Liberals wasted taxpayers’ money in such a manner, and why they covered up the costs.
Kathleen Wynne says she has already accepted responsibility for “political decision”
A new payroll tax, a “land value capture” and a fee for every kilometres traveled are all on the list of ways for Ontario to pay for GTA public transit.
She says the government will have to find a way to create “dedicated revenue streams” just for roads and bridges.
Horwath says Liberals want to avoid “facing the music” on cancelled power plants.