HomeMy WebLinkAboutHuron Expositor, 2015-01-07, Page 44 Huron Expositor • Wednesday, January 7, 2015
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Ilion Expositor
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Canada
editorial
Wynne's numbers don't add up
If the best indicator of future performance is past practice
then Premier Kathleen Wynne's promise to balance the
Ontario budget by 2017-2018 rings hollow.
Wynne continues to project this year's deficit at $12.5 billion
(artificially high, but more on that in a moment), followed by an
apparently magical drop to $8.9 billion in 2015-2016, $5.3 billion in
2016-2017 and 0 in 2017-2018.
So that's Wynne's promise of future performance.
But her past practice has been to raise the $9.8 billion deficit she
inherited from Dalton McGuinty (hardly a prudent spender him-
self), to $10.5 billion in her first budget, $12.5 billion in her second.
As indicated above, the $12.5 billion deficit figure for this year is
artificially high.
Liberal finance ministers routinely project bigger deficits than
they know they're going to have, so they can boast they came in
under their deficit projection, when the real story is their actual
deficits are going up.
So expect the $12.5 -billion projection for this year to be reduced
in the coming months, mainly because most forecasters are pre-
dicting stronger growth for Ontario this year, primarily due to
lower oil prices and a recovering American economy.
That's the good news. The bad news, as Auditor General Bonnie
Lysyk recently reported, is that even if Wynne achieves her target of
a balanced budget by 2017-2018, Ontario at that point will be $325
billion in debt, $23,000 for every man, women and child.
As significant, under the Liberals, Ontario's debt -to -GDP ratio, a
key indicator of economic health, has exploded to 41%, up from a
pre -recession level of 26% a decade ago.
To get back to that level, the Liberals would have to exercise a
sustained period of spending restraint post 2017-2018 they have
been unable to demonstrate from 2003 to the present.
These aren't just numbers on a page.
High deficits and debt explain in part why the unemployment
rate in Ontario, once the engine of the Canadian economy, has
been above the national average for eight consecutive years under
the Liberals, since January, 2007.
Some of this is due to things the Liberals couldn't control — the
2008 global financial crisis, the fact Ontario has no huge oil or nat-
ural gas reserves and, until recently, the high Canadian dollar
which hurts exporters.
But other Liberal policies contributed directly to high unemploy-
ment, for example their multi -billion -dollar green energy boon-
doggle which has sent hydro bills skyrocketing and manufacturing
jobs fleeing the province.
The scary thing is the Liberals are relying primarily on factors
they don't control — for example, the performance of the Ameri-
can economy — to improve the mess they've made of Ontario's
finances.
And if past practice is an indication of future performance, that
mess is going to continue for four more years.
- QMI Agency
www.seaforthhuronexpositor.com
letter to the editor
A New Year's
resolution to help others
To the Editor:
Ask any volunteers out
there and they'll almost
always tell you they get more
back than they give.
Volunteers are the back-
bone of our community and
there's nothing more reward-
ing than helping others while
enriching your own life.
This New Year we'd like to
encourage those in our com-
munity to consider making a
resolution tied to volunteer-
ism. The Canadian Cancer
Society relies on volunteers
to help us deliver our mis-
sion - to eradicate cancer
and to support those living
with cancer.
With your support, we help
residents of Huron and Perth
counties throughout their
cancer journey. Together we
are much stronger than any
of us are alone. Come and
join the fight against cancer
by volunteering with us! We
are currently recruiting for
the following volunteer roles
(training is provided for all
roles):
Become a volunteer driver
With just a few hours a
week you can help save
someone's life. Our volun-
teer drivers drive clients to
and from their cancer -
related appointments, which
they otherwise wouldn't
have way to get to.
Join a committee or host an
event
Help plan one of our
upcoming events to raise
much-needed funds for
research, prevention and
support services. Or host
your own fundraising event
in your community.
Fight for public policy
changes
Connect with local gov-
ernment officials (MP, MPP,
mayor/reeve/warden) to
help us advocate for healthy
policy development. Activi-
ties include phone calls,
meetings, emails, letter
writing, networking and
attending candidate debates.
We currently are advocating
on issues related to tobacco
control, healthy eating, envi-
ronmental and occupational
carcinogens, as well as
access to cancer treatments
and care. Youth and adult
programs are available.
Prevention volunteers
Help educate your com-
munity on how they can pre-
vent cancer from occurring
through simple lifestyle
changes. Activities can
include working displays and
attending health shows, fairs
and information nights, as
well as giving presentations
to community service groups,
workplaces and schools
Find out more at www.
cancer.ca/huronperth or call
us at the office
1-800-294-0086
Did you know that the
Canadian Cancer Society is
the largest national charity
to fund cancer research? Did
you also know that last year,
in Huron -Perth alone, our
volunteer drivers provided
almost 2,000 safe rides to
cancer -related appoint-
ments and helped hundreds
of local people through our
free information and sup-
port services? We are also
responsible each year for
raising much-needed funds
for cancer research and sup-
port programs. It's a big job
and we can't do it alone! You
can help by giving a few
hours of your time, and there
are so many opportunities to
choose from there is some-
thing for everyone.
We'd also like to offer
many thanks to all of our
current volunteers - we can't
do what we do without
you! Best wishes for a happy
and healthy 2015.
Dianne Mohr
Manager, Huron -Perth
Community Office
Canadian Cancer Society
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