Ontario Elects Liberal Majority

[Fire]

Interest on Ontario's Debt accounts for 8.4% of their total expenses and it's growing fast. It's getting to the point where they might not ever recover. 20% of the work force is in the public sector. That seems extremely high.

[CaptainCrunch]

Originally Posted by Cheese

Its amazing how Albertan's who have voted the PCs into majority for most of the last 40+ years can talk crap about the fact that Ontario re-elected a Liberal government.
Lets face it Hudak, and I know the guy, blew it, just like his predecessor blew it with his religious stance/remarks. Ontario is a centrist voting block and Hudak took a right wing stance that just didn't sit well with the population.
The fact that the Liberal's got reelected is no more surprising then the PCs continually getting majority's in Alberta when most of those governments have been as corrupt, or more, and reckless with spending as any other government.
At least Ontario does vote out governments when called for and elect a different party.

I'm betting Wynne does an excellent job.

/edit
Although another record low voter turnout was expected, the number of people who exercised their democratic right was actually up. Unofficial results suggest 51.7 per cent of us cast ballots in the province, up 3.5 per cent from 2011′s record low of 48.2 per cent.

Its going to be interesting if Wynne implements that pension scheme, the one that public servants don't have to pay into but will get money out of that will take 100 to 150 per paycheck away from the people in the private sector.

Combine that with the ludicris energy costs, and the tax increases that she's going to have to implement and we're going to see people fleeing that province.

Its going to be interesting to see how far that union support goes, Wynne lied to the Ontario voters and the unions about what she's going to do to get the budget back in line, she's going to have to gas the civil servants, put massive wage reductions and freezes into effect on the civil servant. At least Hudak was honest about it.

Moody's is going to downgrade Ontario's credit rating which is going to add something like $3 billion a year to Ontario's budget.

I laughed at someone that said that Ontario's spending is out of control, they're debt to revenue ratio is about 240%, that's the worst in this country by a long shot. 10% of their revenue goes towards interest payments and that's going to bump now by quite a bit.

On top of that Moody's basically stated that they will certainly reduce the Ontario rating because they looked at Wynne's budget as basically stupid, and Wynne is now going to charge ahead with it unopposed.

Wynne hasn't done a good job to this point, that's not going to change, she's created a little version of Greece in this country, and after 11 years in government Ontario is going to have to soak in that.

I will be the first to state that I was going to vote Wildrose in the last election but changed my mind because of some of the Wildrose Gaffe's, I got sucked into the fear campaign. But the PC fear campaign was nothing compared to the terror bombing and dishonesty of the Ontario Liberal's during this campaign. But we fell for it here stupidly, and they fell for it there stupidly.

http://business.financialpost.com/20...ction-deficit/

[troutman]

Originally Posted by CaptainCrunch

I will be the first to state that I was going to vote Wildrose in the last election but changed my mind because of some of the Wildrose Gaffe's, I got sucked into the fear campaign. But the PC fear campaign was nothing compared to the terror bombing and dishonesty of the Ontario Liberal's during this campaign. But we fell for it here stupidly, and they fell for it there stupidly.

Cut the crap. People that have different values than you are not any stupider or smarter than anyone else.

[CaptainCrunch]

Originally Posted by Fire

Interest on Ontario's Debt accounts for 8.4% of their total expenses and it's growing fast. It's getting to the point where they might not ever recover. 20% of the work force is in the public sector. That seems extremely high.

Actually it was 9.2 and its expected to hit 11 after the budget

They're in a greece like death spiral, I would expect Wynne to go to the feds hat in hand in the next two years for a bailout.

A lot of the manufacturing is going to die there because of the utilities costs and other expenses.

[CaptainCrunch]

Originally Posted by troutman

Cut the crap. People that have different values than you are not any stupider or smarter than anyone else.

I was wrong in stating it the way I did and I apologize to anyone on this board that I offended.

[FlamesAddiction]

Originally Posted by CaptainCrunch

Actually it was 9.2 and its expected to hit 11 after the budget

They're in a greece like death spiral, I would expect Wynne to go to the feds hat in hand in the next two years for a bailout.

A lot of the manufacturing is going to die there because of the utilities costs and other expenses.

The utilities costs are a big issue here, that is true. I am not convinced that the Conservatives would have fixed it.. I have heard that many companies avoid Ontario because of it though, which is really too bad. The 13.5 cents per kwh for peak summer hours is accurate (off peak is 7.5 cents and mid is 11.2 cents) according to my latest Veridian bill.

Out of curiousity, what does it cost in Alberta? I heard that some places in the U.S., it is as low as 3 cents.

[CaptainCrunch]

Originally Posted by FlamesAddiction

The utilities costs are a big issue here, that is true. I am not convinced that the Conservatives would have fixed it.. I have heard that many companies avoid Ontario because of it though, which is really too bad. The 13.5 cents per kwh for peak summer hours is accurate (off peak is 7.5 cents and mid is 11.2 cents) according to my latest Veridian bill.

Out of curiousity, what does it cost in Alberta? I heard that some places in the U.S., it is as low as 3 cents.

I don't know if its fixable, from talking to my sister out there, a big chunk of her bill is a separate line item called Debt servicing or something like that.

Ontario power generation is very expensive right now, and the biggest cost is with their inefficient wind farms that cost a fortune but don't actually generate much power. On top of that Wynne created separate ministries for energy creation and consumption that added several hundred redundant civil servants.

[Jacks]

Hudak made a classic mistake, he made the election about himself. Rather than the spotlight being on the Liberals horrific record people were focused on his plan. He should have just stuck to script about cleaning up the economy and let the Liberals be the centre of attention. Kim Campbell was right, an election is no time to discuss real issues.

[Tinordi]

Ontario power generation is very expensive right now, and the biggest cost is with their inefficient wind farms that cost a fortune but don't actually generate much power. On top of that Wynne created separate ministries for energy creation and consumption that added several hundred redundant civil servants.

Patently false, do a modicum of research.

[Cheese]

Originally Posted by Tinordi

Patently false, do a modicum of research.

start here:
http://ieso-public.sharepoint.com/

https://www.neb-one.gc.ca/clf-nsi/rn...trcty-eng.html

google for the rest

Also...I'm not sure where the complaining about utility/electric costs stems, but my home bill certainly has not increased significantly over the last ten years, certainly not more than the average Albertan who might be in for some sticker shock of their own pretty soon. I certainly have taken on the responsibility to be more energy "effective", as has most of my neighbors.
In regards to business models, it is certainly part of my terrain to visit sites who have significant issues in regards to their "energy management" and in 95% of cases it is their problem that costs are high. No capital has been put towards effective reductions in usage patterns, they have people in positions of power that have no idea about Energy Efficiency or where to start in that regard, or simply no knowledge of the load hogs that sit in their facility. Many facilities are still tied to 3rd party vendors that promised the moon when it came to rising costs and stuck their franchises with MUCH higher costs then sticking with fluctuating utility rates. Most of those guys have lost their jobs.
In regards to Wynne creating separate energy ministries...Im not sure where that comes from? We have the Ministry of Energy who oversees the Ontario Power Authority who oversees the IESO. The OPA is actually being reduced in power with the IESO taking over many of its key initiatives.

[stampsx2]

I want out of equilization payments to other provinces. It's time every province become accountable for its decisions. If ontario wants a tax and spend premier that will end up in debt then they should sort it out themselves.

[PeteMoss]

Originally Posted by CaptainCrunch

I don't know if its fixable, from talking to my sister out there, a big chunk of her bill is a separate line item called Debt servicing or something like that.

Ontario power generation is very expensive right now, and the biggest cost is with their inefficient wind farms that cost a fortune but don't actually generate much power. On top of that Wynne created separate ministries for energy creation and consumption that added several hundred redundant civil servants.

There is a debt retirement charge to pay down Ontario Hydro debt... but its like $3/month on my bill... not a big chunk (5% of it max)

[jayswin]

Not going to respond to Resolute14's post, eh cheese? It's alright, this always happens; You take a shot at Alberta, get called out, don't respond. Wash, rinse, repeat.

[PeteMoss]

Originally Posted by stampsx2

I want out of equilization payments to other provinces. It's time every province become accountable for its decisions. If ontario wants a tax and spend premier that will end up in debt then they should sort it out themselves.

Hey.. there's talk of the Ontario Ring of Fire mining area being Ontario's oil sands, maybe Ontario will be able to make money in spite of the government like Alberta soon.

[MarchHare]

Originally Posted by stampsx2

I want out of equilization payments to other provinces. It's time every province become accountable for its decisions. If ontario wants a tax and spend premier that will end up in debt then they should sort it out themselves.

Equalization doesn't work that way.

[2ArmBands]

Originally Posted by stampsx2

I want out of equilization payments to other provinces. It's time every province become accountable for its decisions. If ontario wants a tax and spend premier that will end up in debt then they should sort it out themselves.

I believe 2009 or 2010 was the first time Ontario ever received equalization payments. Alberta received equalization payments in the 50s and 60s. So should Alberta just be taking part in equalization when it's convenient for them? Think about it.

Have provinces always seem to think that they are simply handing money over to have not provinces. There is actually a lot more to it. All tax payers pay into EQ

[SebC]

Originally Posted by troutman

People that have different values than you are not any stupider or smarter than anyone else.

Not true. Studies have consistently shown that liberals and atheists have higher IQs than conservatives and the religious.

[cal_guy]

Originally Posted by CaptainCrunch

Its going to be interesting if Wynne implements that pension scheme, the one that public servants don't have to pay into but will get money out of that will take 100 to 150 per paycheck away from the people in the private sector.

Those who will never contribute to the ORPP(people who have a "acceptable" pension plan or work in a federally regulated industry) won't receive anything.

[Cheese]

Originally Posted by Resolute 14

Your ad hominem attack would have worked out better if several of the people attacking the election of the Ontario Liberals didn't happen to be in Ontario.

Lol.. ALBERTA message board, honest mistake. Conservatives everywhere.

[Brannigans Law]

Fine by me. Another union busting politician is sent packing. He wanted to bring in Wisconsin style anti-union laws. Good riddance.