SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : The Trump Presidency

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: FJB who wrote (76808)6/11/2018 5:53:16 PM
From: Sam  Read Replies (1) of 359832
 
Ah, I see Canada's so-called conservatives have something in common with the US's so-called conservatives. They make big promises to give voters things without bothering to detail how they will pay for them. Not coincidentally, they do what they claim liberals do and run up huge deficits. I am pretty sure that they will also follow the lead of US conservatives by blaming liberals for this. Very clever.

Going into the election, Mr. Ford gave voters a long list of things a PC government would do, but very little information on how it would pay for them.

The PCs didn’t release an official list of promises until May 30, which promised a complete tax cut for minimum-wage earners, gas-price cuts and lower hydro rates. What the document didn’t include was fully costed estimates of where it would find the money through taxes or efficiencies.

[graphic in the original, here: theglobeandmail.com ]

The PCs’ list of promises, titled For the People: A Plan for Ontario, says a PC government’s first act would be to “end the Liberal practice of making millionaires from your hydro bills.” Mr. Ford has said he would fire Hydro One’s CEO Mayo Schmidt, which he does not have the authority to do, and cut hydro rates by returning Hydro One dividend payments to taxpayers and changing accounting practices for conservation programs. Both measures would cost about $800-million annually, but Mr. Ford has offered no clear explanation of how he would pay for this.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext