What a Rich Province!
Ontario at one time was the most productive, wealthiest province of Confederation, considered the engine of the Canadian economy. It has fallen on hard, really hard times. With smoke-stack industries shutting down, unable to compete with the cheap production and equally cheap products coming out of China. With jobs declining steadily, and an economic downturn that has taken more than its share out of the province's economy.
And just incidentally, with Liberal-government-led policies that have permitted the cost of governing to rise exponentially, ensuring that public sector employment grew healthily while the private sector declined. And as the public sector employment bargained through its long established unions to clarify the valuable contributions to society of its paid work force, even while the private unemployed languished in near-poverty, expenses rose.
And continued to rise, as government made one loopy decision after another, investing great chunks of the provincial treasury into initiatives like ehealth and environmentally green energy choices that were so costly while rendering back nothing of real value that taxes had to rise, even though a health tax was seen as anathema and even while a pre-election promise was shattered.
Leaving the province with an unhealthy deficit and an even sicker debt. How does a deficit of 16.3-billion sound, and a debt of 241.5 offer encouragement for the future? Imperilling, as it happens, the province's international credit rating.
The costs of hospitalization and medical and drug costs soared, as did education costs and other primary services to a large population, growing larger through immigration with its equally burdensome settlement costs. And the yearly 'sunshine list' of public employee salaries and entitlements continued to cause gasps of astonishment that salaries so large on the public tax base could be feasible with an overtaxed provincial treasury.
Public sector employees in the province earning over $100,000 blazed into the stratosphere with a record number of high-earning civil servants coming in at 71, 478 out of a total of 1.2 million people employed in Ontario's public sector. The province's total population is just over thirteen-million. So that one in eleven of the population is employed to service the remaining eleven, and paid handsomely for it.
Doesn't that seem rather excessive?
And just incidentally, with Liberal-government-led policies that have permitted the cost of governing to rise exponentially, ensuring that public sector employment grew healthily while the private sector declined. And as the public sector employment bargained through its long established unions to clarify the valuable contributions to society of its paid work force, even while the private unemployed languished in near-poverty, expenses rose.
And continued to rise, as government made one loopy decision after another, investing great chunks of the provincial treasury into initiatives like ehealth and environmentally green energy choices that were so costly while rendering back nothing of real value that taxes had to rise, even though a health tax was seen as anathema and even while a pre-election promise was shattered.
Leaving the province with an unhealthy deficit and an even sicker debt. How does a deficit of 16.3-billion sound, and a debt of 241.5 offer encouragement for the future? Imperilling, as it happens, the province's international credit rating.
The costs of hospitalization and medical and drug costs soared, as did education costs and other primary services to a large population, growing larger through immigration with its equally burdensome settlement costs. And the yearly 'sunshine list' of public employee salaries and entitlements continued to cause gasps of astonishment that salaries so large on the public tax base could be feasible with an overtaxed provincial treasury.
Public sector employees in the province earning over $100,000 blazed into the stratosphere with a record number of high-earning civil servants coming in at 71, 478 out of a total of 1.2 million people employed in Ontario's public sector. The province's total population is just over thirteen-million. So that one in eleven of the population is employed to service the remaining eleven, and paid handsomely for it.
Doesn't that seem rather excessive?
Labels: Economy, Ontario, Politics of Convenience
posted by Pieface | 7:04 PM
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