Tuesday, March 30, 2021

Every Single Person in Ontario Has $143,000 in Debt Over Their Heads, in Addition to Mortgages, Income tax, Property Taxes, Car Loans, Credit Cards...

https://nationalpost.com/opinion/kelly-mcparland-time-to-to-grow-some-backbone-canadians

Approx $143,000 in debt for every man, woman, child in Ontario...not including your mortgage, income taxes, property taxes, GST to buy anything, car loans, credit cards...

"...If borrowing projections prove accurate, Ontario and Ottawa will soon owe $2 trillion between the two of them. If there’s a difference in their approach, it may be that Ford would undoubtedly have preferred his initial drive to bring spending under control, while federal Liberals live to spend and showed no taste for restraint even before the pandemic arrived. So while Ford may, in private moments, feel a bit sheepish about his situation, Prime Minister Justin Trudeau is all but certain to trumpet his spend-a-thon as a point of pride when he seeks re-election..."

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