bush_cheney2004 Posted January 13, 2017 Report Posted January 13, 2017 (edited) 11 minutes ago, hernanday said: What is the point you are trying to make, a previous commentator claimed Ontario had the most debt in the world at the sub-national level. It is demonstrably false. Did you just ignore all the previous words in the comment where I stated that Quebec and NL have higher per capita levels of debt? My point is obvious...comparisons of Ontario to California (in another nation) are irrelevant. Literally apples to oranges. I don't care about Canada's domestic squabbles and whining over equalization payments. If a 50 cent Canadian peso is so good, then why not 40 cents or 30 cents ? Foreign investment is not owed to any Canadian province, at any price. Ontario's high wages, taxes, and energy prices are not so easily overcome. Edited January 13, 2017 by bush_cheney2004 Quote Economics trumps Virtue.
blueblood Posted January 13, 2017 Report Posted January 13, 2017 2 minutes ago, bush_cheney2004 said: My point is obvious...comparisons of Ontario to California (in another nation) are irrelevant. Literally apples to oranges. I don't care about Canada's domestic squabbles and whining over equalization payments. If a 50 cent Canadian peso is so good, then why not 40 cents or 30 cents ? Foreign investment is not owed to any Canadian province, at any price. Ontario's high wages, taxes, and energy prices are not so easily overcome. I keep trying to make that point, facts are facts Ontario has the largest subsovereign debt in the world and is doing a piss poor job competing with the USA. Winter is coming... Quote "Stop the Madness!!!" - Kevin O'Leary "Money is the ultimate scorecard of life!". - Kevin O'Leary Economic Left/Right: 4.00 Social Libertarian/Authoritarian: -0.77
bush_cheney2004 Posted January 13, 2017 Report Posted January 13, 2017 3 minutes ago, blueblood said: I keep trying to make that point, facts are facts Ontario has the largest subsovereign debt in the world and is doing a piss poor job competing with the USA. Winter is coming... Perhaps...this topic quickly drifted that way for reasons that are not clear (Harper ?). Quote Economics trumps Virtue.
overthere Posted January 17, 2017 Report Posted January 17, 2017 Quote Alberta did do that right, Ralph bucks were sent out before oil hit $100 and budgets were balanced. Going to the left cost the Alberta Tories the house. Klein balanced the budget and paid off all provincial debt when oil prices were in the range of $12 to $20 per barrel- and mostly $12 to $15. Quote Science too hard for you? Try religion!
SpankyMcFarland Posted January 18, 2017 Report Posted January 18, 2017 20 hours ago, overthere said: Klein balanced the budget and paid off all provincial debt when oil prices were in the range of $12 to $20 per barrel- and mostly $12 to $15. Notwithstanding equalization and taxes etc., Alberta should still have saved more of its oil windfall. Quote ‘How small we make our worlds. Gather them in, tighten them up into little castles of fear.’
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