Rating agency Standard & Poor’s highlighted how dented their confidence is in the Liberal Government’s fiscal management, by setting the credit outlook on Ontario’s debt as “negative”. S&P cited “continued weak budgetary and debt metrics” as one reason for their downgrade – they don’t find the Government’s numbers, forecasts or economic measurements credible. Local MPP [...]

The NDP hammered out an eleventh-hour deal with the governing Liberals to allow the McGuinty Government to pass the 2012 Budget. Jim McDonell, MPP was not surprised: “Both parties have an appetite for tax-and-spend policies and we can see it in the details of the deal that were made available. The additional $1 billion (estimate) [...]

Jim McDonell, MPP rose to speak in the Assembly on Monday and Tuesday on Bill 19, a proposed law that would amend the Residential Tenancies Act. If passed, it would set the maximum rent increase guideline at 2.5% annually. “This Bill plays politics with vulnerable tenants” – McDonell said. The actual average rent increase of [...]

“PC Leader Tim Hudak (has) said that without any serious spending cuts, job creation plan or mandatory wage freeze, his party simply couldn’t accept the Liberal plan.” – The Toronto Sun, April 4, 2012 With new StatsCan numbers showing Ontario’s unemployment rate higher than the national average for the 63rd consecutive month – and no [...]