If the regulatory burden wasn’t so onerous, a northern pipeline would be self-financing, thus relieving Ontario taxpayers of the capital expenditure. But Blubber Dougie will promise pretty much anything to anyone these days, as do most of his political counterparts across the nation.
“Ontario is ready to supply the patient capital needed to get the project built,” Ford said. The premier later told reporters Ontario won’t pay for the pipeline alone, and that he expects outside investors to come to the table.
I guess Ontario’s deficits will just pay for themselves if only we build some pipelines?
Recall that back in 2018 Doug Ford called then-premier Kathleen Wynne’s spending “reckless” — which it was. But the deficit that year was $3.7 billion, not $13 billion. If the previous Liberal government’s $3.7-billion deficit was reckless, how the current government’s $13-billion deficit can be responsible is a mystery Premier Ford and his finance minister have left unexplained.