Now is the time at SDA when we juxtapose!
CBC – Ontario to hit record $14.1B deficit in 2009
Lorrie Goldstein – [McGuinty] is using taxpayers’ money to massively subsidize wind — paying 13.5 cents per kilowatt hour for electricity generated from wind turbines (19 cents for offshore projects) compared to the normal cost of generation of four to five cents. […] The province has been flooded with so many applications for offshore wind farms that Natural Resources Minister Donna Cansfield announced last week it won’t consider any more until next year, just so it can catch up on the paperwork.
Update: National Post – “Ontario deficit to hit $25-billion”
I understand the Federal deficit is rolling higher than the $56 expected.
Great time to install a tax hike in Ontario, harmonization (great word for tax, isn’t it?), and combine it with Prentice’s impending Green Shift, which will increase energy/transportation/living costs (a tax on everything).
You’ll get new taxes on new taxes!
Because, as we all know, deficits are simply deferred taxation.
Stick it to your kids!
You would never know we here in Ontari-ari-ario are drowning in red ink. Not only is the Guint pissing away tax dollars propping up “green” energy boondoggles, he is about to announce a multi-billion year-round kindergarten plan which is nothing less than daycare staffed by people earning teacher union salaries.
Fresh from wasting $1 B. on eHealth, McGuinty and Smitherman continue to squander millions on wind turbines and solar energy projects. McGuinty neglects to build the required nuclear generators, but puts all his faith in (smoke and) mirroirs and wind mills. The last time I checked nuclear power was clean, at least in CO2 terms, however, it is not blessed by the Green orthodoxy. McGuinty and Smitherman will never have to view wind mills in their neck of the woods,we in rural Ont. can learn to lump them.
Time for another Common sense revolution methinks.
Gotta feel sorry for the good people of Ontario . . . their sports teams suck and they have Dulton as a Premier.
Yep, ol’ Dalton is systematically destroying the entire industrial base of the province (and therefore of Canada, we got pretty much all of it right here) and in doing so is -exceeding- the insane levels of debt that even Boob Rae and the New Dumb@ss Party managed to rack up in their one shot at bat.
But Conservatives are the ones with the “scary” agenda. Don’t forget kids, conservative = scary.
This public service message brought to you by your friendly Ontario mainstream media. That’ll be a buck fifty, please.
Actually, the Dulton Hole is much bigger . . .
“Ontario deficit to hit $25-billion, as tax revenue takes a plunge
Spending also increases by $4.8-billion
Lee Greenberg, Canwest News Service Published: Friday, October 23, 2009
TORONTO – Falling revenues and a burgeoning $24.7-billion deficit will force Ontario’s Liberal government into a new era of fiscal restraint, provincial Finance Minister Dwight Duncan said yesterday.
McAsswipe the only surviving brain transplant donor.
A liar a cheat a coward.
Sorry forgot and a LIBERAL so what do you people expect from these Cretins?
That is MORONtario(TM).I only pray that when they come crying to Alberta for more bucks,that the WA will be in power and tell them where to stick it!!!And wind power seems to suck the brains out of people.Guess they(MORONtarions) want the Cretin back.
I got this from the National Post this morning.
Ontario Finance Minister Dwight Duncan said the deficit would by $14.1 billion. By June it had been revised upward to $18.5 billion; on Thursday it was jacked up again, to $24.7 billion.
Read more: http://network.nationalpost.com/np/blogs/fullcomment/archive/2009/10/27/matt-gurney-what-s-dalton-to-do.aspx#ixzz0V9Zt6hK7
Could someone please point out Ontario’s Minister of Agriculture, assuming they still have one. All announcements on wind “farms” and similar developments come from city boys McGuinty and Smitherman. Just who is in charge of protecting prime agricultural land from industrial development?
The initial costs of an individual Wind Mill project are considerably lower than that of the sustaining cost of the configuration of a Base load functioning matrix of LPS (Little Piece of Shit) Wind generators. The initial cost of 19 cents will quickly become >48 cents if you tie them into a grid….The redundancy (failure) factor of a single unit in a matrix becomes complex.
The folks need to get real!
Dulton McSpendthrift is getting the attention of the powerful teachers union, going for all day kindergarten. What could be a bigger winner than all day daycare at public expense?
Whether there’s any common sense left in Ontario will be noted when the next election rolls around.
PTCs are unfunded liabilities.
As the installed base of Giant Fans increase so does the liability, it is simple math and for investors the PTC is the prize not the generation of usable energy being sold into the grid.
Without a PTC Fund with a set allocation from a fixed funding source then you are inviting a situation where the entire process gets out of hand and the unfunded liability of PTC awards build exponentially.
When your subsidy is more than the actual market price of an item you create an incentive of producing for subsidy rather than meeting market demand.
But Conservatives are the ones with the “scary” agenda. Posted by: The Phantom at October 27, 2009 11:46 AM
Actually, since the Cons are sticking a Green Shift onto Canadians – that’s the thing I find scary about them.
That, and the fact they brought in the largest multi-year deficits and net addition to debt this nation has ever had in it’s history.
Dulton’s only following the cue.
The federal Conservative government is backstopping the ‘clean energy’ expansion by 50% of installed cost (plus operation subsidies up to $0.04/kwh which happens to be the cost of a kwh generated by coal), so it’s easy for the provinces to sit up and beg. Politicians get ‘free’ money from other levels of government, and numerous photo ops with the right lobbyists (and maybe even a directorship at a nice company in case they decide to move on).
It ain’t Librano or Con. They are one and the same.
Can we somehow move Toronto with Dalton & company to some obscure place? Or build a wall around them and let them rule themselves into the ground. He should have been gone after the “no new taxes” disguised as a health premium, less than a month after he was elected the first time. Now my tax dollars are being eaten up by scandals, mismanagement and ridiculous programs. He’s been taxing us, regulating us and spending like a drunken sailor ever since and it won’t be over until he is OUT.
It has been asked before but has there ever been one alternative energy program that was viable without taxpayer’s dollars?
Why feel sorry for Ontarians as a province, they voted these morons in, for the second time. I do feel sorry for those Ontarians who did not vote for the Liberals or NDP. But, somehow I think that “Progressive” Conservatives are no better when it comes to “not a tax they don’t like” mentality.
Gosh darn, it appears at first glance that even Harper’s people (read Prentice)have bought into the warming hoax and the green shi*t. Might have to rip the membership card.
Hey, you guys are being too tough on the ol’ premier. Like Obama, he’s facing unprecedented challenges. He’s doing the best that he can under the circumstances. Cut the guy some slack. If you think you could do better then you run for office. Freakin’ armchair quarterbacks. Sheesh!
Oh, I should have put satire alert at the top of this post. Actually, I just wanted to see if I could type 6 or 7 sentences in support of the premier and not pee my pants laughing. Came close.
Can anyone (Captain?) plot a graph comparing Dalton’s track record with deficits vs the previous Conservatives? I think it would be very illuminating, considering Dalton has been blaming the inherited deficit and now the souring economy for their inability to balance a budget. If I remember, the Conservatives inherited a much larger deficit, and managed to turn things around much quicker.
“Cut the guy some slack.”
After all, he inherited this mess from Mike Harris…
“Gosh darn, it appears at first glance that even Harper’s people (read Prentice)have bought into the warming hoax and the green shi*t.”
PMSH hasn’t bought into anything except reality. Not environmental reality, but economic and political reality. Please do not fool yourself into thinking that abstaining from Carbon pricing will help Canada. That line of thinking is strictly ideological and it does not consider political and economic realities. We cannot bring checkers to a chess game and expect to play (economically speaking). We do not define the game, we must simply play it to the best of our ability.
Politically, accepting AGW dogma is genius. If you can put your bias aside, you can see that PMSH eliminated the only political football the Liberals and the Dippers had. With AGW off the debate agenda, the opposition has NOTHING, not even Afghanistan!
Conservatives need to wake-up and get off the sinking ship that is your opposition to Carbon pricing; our leaders have!
Remember, just because you might know AGW is a hoax doesn’t mean that many others think it’s real. Many of those people may be likeminded with you on other issues such as economics and foreign policy. As “c”onservatives we need the support of these people no matter how misguided they may be on this particular issue.JMO
I’m sure his biggest fan is Boob Rae. Rae is soon to become the second worst Premier of Ontario.
I forgot to mention that in my view AGW and Carbon pricing is the new vogue method of protectionism. In other words, Carbon pricing (or lack thereof) will be the new tool/excuse for left leaning governments to hamper trade. Emissions targets will be new battleground for international trade disputes. Governments will justify protectionism based on accusations of insufficient Carbon standards; then, the lawyers get involved.
And to think the last provincial election the most heated debate was faith based schools…thanks John Tory.
When the cost of the H!N! flu reaches the desk of the powers that be in Queen’s Park will Mcguinty cut health care funding, or scrap the ridiculous green programs?
Yes Kate…it’s all Mike’s fault…for letting Eves take over.
Bring back Harris…time for another Common Sense revolution!
Hudak? Whodat?
We could solve some of our problems by not paying exorbitant salaries to those who least deserve it, getting rid of half the civil servants occupying desks, not funding any “Pride” events and trying to attract businesses to or back to Ontario.
Just my thoughts.
Pete, the graph of Ontario deficits is right here:
http://www.google.ca/archivesearch?q=ontario+provincial+deficit+history&oe=utf-8&rls=org.mozilla:en-US:official&client=firefox-a&um=1&ie=UTF-8&scoring=t&ei=jjrnSqnvG8qYlAfu1O2KCA&sa=X&oi=timeline_result&ct=title&resnum=11&ved=0CCQQ5wIwCg
As you can see, deficits have been a part of Ontario’s economic history for the past 30 years. The Harris Tories were better but not significantly so than the previous NDP. The knee-dips at least had the excuse of a recession, which was not the case with the mid-late 90s Tories, who were running $8 billion deficits through a revenue boom. They’ve all been bad managers of Ontario’s public finances.
Kate said: After all, he inherited this mess from Mike Harris…
That’s what I’m talking about. I mean, Barney Frank in the US is “trying on every front to increase the role of government” (see Drudge)after the Republicans ruined everything. I say give McQuinty the same shot. Fair is fair.
Dang, forgot the satire alert again.
We fought against a 380 acre solar farm on prime agricultural land in my township where the cost per kilo-watt would have been 50 cents (subsidized by the taxpayer) … And a huge waste of excellent farm land.
Glad to see some common sense for a change.
http://www.barrieadvance.com/barrieadvance/article/148066
Osumashi Kinyobe…you are describing the essence of the CSR.
The problem with Mike’s CSR…when he told each ministry to ‘cut’ he should have specified ‘not front line employees.’
Hospitals cut nurse’s and kept the high priced execs.
Ontario: leading the nation to the new Dalton Minimum.
Sorry Indiana, you make some interesting points, but to support policy based on lies is not only wrong but dangerous. The agenda behind the UN’s IPCC (Mo Strong’s baby) AGW push is not just to redistribute wealth, which it initially will, but to consolidate political power and control at an international level. The elitists will rule and no vote for you. Freezing this winter? Ah, too bad, you’re out of carbon credits so put on another sweater, you don’t want to kill all the polar bears do you? Does anyone really want a UNelected, UNaccountable, UNtruthful, UNbelievable set of progressive tyrants, thugs, and thieves dictating our entire lives? Greenies have murdered over 50,000,000 so far (ban on DDT). Just wait until we grant them authority to control energy usage and production. The cull numbers will be astronomical.
Bluetech, Harris inherited Rae’s messes, and, quite frankly, there are overpaid nurses whose bedside manner should not be rewarded financially.
McGuinty will get rid of nurses.
Please do not fool yourself into thinking that abstaining from Carbon pricing will help Canada. Posted by: Indiana Homez at October 27, 2009 1:58
LOL
Higher Taxes (check)
Unproven science (check)
Wealth Transfer scheme (check)
So. Taxing Canadians on everything through their Green Shift is genius?
Did I miss something? Like Ontario’s $24B deficit? Or the $100B deficit that we’re heading to nationally?
And that we tax people to then subsudize un-economic power generation?
Gads. Better call a doctor. I think you’ve been able to tie yourself in a Gordian knot.
Best of luck with that.
I was told over a year ago that Alberta would be having a political deficit this year. It’s very hard to take money from someone that supposedly doesn’t enough for themselves. That comes from the same source that told me Stelmach would probably be the new premier long before anyone even knew who the hell he was. As it was explained to me, the Alberta deficit was like an insurance policy against it’s own coffers being raided by the feds. I even thought that was a little far fetched, but no more.
and for absolute, crystal clarity:
‘Carbon Pricing’ = ‘Carbon Tax’
Anything else is bullsh*t
Hard
I’m alluding to the fact that we export 70% of our goods to the USA. Do the Americans really need another reason (real or not) to stop our goods at the boarder? I understand your point, and agree ideologically. That being said, how would you or Marko deal with the aforementioned little tid-bit.
Marko
Agreed, except I don’t think we are obligated at this time to transfer money to China due to CO2 agreements. I commented many times in the past that our and the American left is far too stingy to send “their” hard earned money overseas. I believe the Democrats and the Liberals are much more interested in a transfer of wealth from Red state to Blue state and in Canada from the West to Central Canada(this is the plan to save California).
That is the real game plan as far as I can see; and, a better plan it is.
Like I said Marko, what would you have him do, die on his ideological sword?
This, unfortunately is the compromise we’re forced to make with the left in an minority government. As I said, it’s taken the ONLY issue the left has off the table, that’s smart. Remember we’re playing chess not checkers, sometimes you must sacrifice a bishop to take a rook.
Sorry for the bad grammar,again.
Fixed:
“That being said, how would you or Marko deal with the aforementioned little tid-bit?”
After all, he inherited this mess from Mike Harris…
What did dear leader Steve inherit? A multi-Billion$ surplus which he squandered into the biggest deficit in history. But I’m sure that’s the fault of the Liberals and Tommy Douglas and the evil, omnipotent MSM.
Lucky for Brad Devine he’s managed thus far to ride the coattails of the responsible fiscal governance of the NDP. How long before he’s running on empty?
Paying 13.5 to 19 cents for something that can be had for 4 or 5 cents – has Ontario run out of torches, pitchforks or, better yet, lamp posts?
Indiana: We’ll have to disagree.
Increasing taxes because of ideology so we can be prepared for hypothetical situations, is just plain nuts.
Read some of the comments. There seem to be a lot of people in Toronto who think that the needs of the many for cheap power outweigh the needs of the few. The thing is though, the power from windmills is anything but cheap. Whatever happened to reading comprehension?
One last thing I have to ask; was it worth it to stop funding for religious schools? Nothing like cutting your nose off to spite your face!
Democracy: ensuring that people get exactly the government that they deserve, since 500 BC.
“Rae is soon to become the second worst Premier of Ontario.”
One of my younger relatives still considers Bob Rae to have been the greatest premier of Ontario ever.
Mind you, he was in elementary school and high school during Bob’s tenure and so bases his esteem for the man entirely on “Rae Days”.
As long as we continue to pay huge numbers of people to do nothing but stay home watch TV and have more kids … as long as we take five years to convict a criminal … as long as we maintain the apartheid on Indian reserves, as long as we have an enormously boated civil service at ALL levels … as long as we waste billions chasing pot smokers and growers, as long as we continue to allow socialism to prevail … as long as we have unions gone wild … bail outs forever … we will continue to have the lunatics who are raping our economy in charge of our destiny.
Nothing new since Trudeau.
Kathryn …..be very careful what you wish for.
My burdan is that I have had the sad experience of witnessing this resort to violence too often, and too many places.
That said, I have been polishing my khukri and reloading “home-protection-loads”.
Indiana has a point—all too often we have experienced US tariffs and non-tariff barriers….avoiding providing a non-tariff barrier is only wise….the CO2 insanity has not run it’s course…..yet.
“It is difficult to keep your head, when all about you are losing theirs……and blaming you.”
As Ronny Reagan said, “Government is not the answer, it is the problem.” Are we ever going to learn that lesson? I suspect not in our time!
Teacher’s unions and fully indexed pensions.
“felis corpulentis”
Dalton Minimum – bloody brilliant, felis!
I wish I’d thought of that, but I’m from Quebec where we don’t speak minimum.
I recommend this phrase to Tim Hudak!!
A couple of points that need to be made. The Harris government had four consecutive balanced budgets going into the election year of 2003. A number of surprises, the most serious of which was the SARS medical emergency which killed more than 40 people, caused a shortfall of about $2 billion by the time of the election, halfway through the fiscal year. The Liberals won the election and proceeded to run up the deficit to $5.6 billion which they successfully blamed on Harris due to a compliant MSM and a shell-shocked PC caucus.
The Liberals, who campaigned on no tax increases and balanced budgets have increased taxes dramatically and managed only a single balanced budget in their time in office. It occurred as a surprise, when a projected deficit turned into a surplus thanks to dramatically higher than expected government revenues.
The current McGuinty shortfall of $24.7 billion is only a projection, changed twice since the budget was announced in March and almost surely to increase as the end of the fiscal year approaches in FIVE MORE MONTHS.
McGuinty is a disaster. His Liberals spent more than they had in good times and acted like those times would never end. Manufacturing in Ontario was taking a beating before the global economic crisis hit. However people here don’t recognize the depth of McGuinty’s mistakes and believe our current economic problems are not made-in-Ontario. If they do not understand the depths to which Ontario has fallen by the 2011 election, we are doomed.