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To: ExCTCitizen
Ontario??? I thought they were Canada's version of California!! (Left leaning).

FWIW. Federally the Liberals had a powerful presence in Ontario. However, in provincial election many years ago, the provincial Liberal government under Premier Peterson, lost to the NDP. All over an overly optimistic statement about the deficit. Said it was zero.

It was just under 4 billion dollars though. The NDP got in on the "scandal" bolstered by the press. They were elected to power. After a year they put Ontario into a 20 million dollar extra debt. Standard and Poors claimed the A rating of Ontario would go down and warned if it was another 20 million the next year. It would face bankruptcy. Bye bye NDP provincial government.

The NDP had spent widely on some sort of stimulus monies and it did not work. Thus the huge overspending at comparitive exchange rates. Hence a distrust of the now former NDP premier Bob Rae in fiscal matters- he is now a high placed Liberal

43 posted on 05/03/2011 1:16:16 PM PDT by Peter Libra
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To: Peter Libra
Correction.

NDP spending put Ontario to make a 20 Billion dollar years end debt.

44 posted on 05/03/2011 1:19:18 PM PDT by Peter Libra
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