Tuesday, June 19, 2018

$312 Billion: Green Energy Makes Ontario the Most Debt-Ridden Province on Earth | Trending

$312 Billion: Green Energy Makes Ontario the Most Debt-Ridden Province on Earth | Trending
"...Besides a growing distrust of politicians, people are starting to realize that the costs of communism, socialism, or unbridled liberalism are too high.
The argument that we will do it properly this time around isn’t convincing anymore.
See the source imageIn “Ontario MPP ‘Proud’ of Province’s Debt and ‘Would Do It Again’”, National Postwriter Triston Hopper lays out the challenge Ford faces as he takes the helm as premier:
Ontario’s debt, which currently stands at $311.7 billion, is the most held by any sub-sovereign government in the world. It has also grown precipitously under the current Liberal government, who first took government when Ontario’s debt stood at $138.8 billion.
To fix the province’s woes, Ford and his advisors must first understand the primary causes of the problems. 
A major issue has been crippling energy and environmental policies. 
It began when, in 1992, then-premier Bob Rae appointed businessman and former UN Under-Secretary-General Maurice Strong to be Chairman of Ontario Hydro. 
At the time, Ontario was a prosperous, economically sound province. 
Strong changed that when he applied the energy and environmental policies he proposed for the entire world..."
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