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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Jim McMannis who wrote (251939)	6/4/2010 11:04:51 PM
From: Cogito Ergo Sum	Read Replies (1) \| Respond to of 306849

Not Mr. Martin with his off shore registered ships to save on employment expenses :O) He just got the credit.. Basically ther feds collect a lot of taxes.. They redistribute funds to the provinces for health care and a myriad of other things.. Mr. Martin chopped these payments to balance the federal budget.. The provinces in turn had to chop so to use the Canadian euphemism of downloading.. they cut programs to municipalities ... Toronto for example.. School programs cut.. I have two kids.. The younger one has no music program and many fewer trips than the older one had in the same school.. Now they are closing schools so instead of going to a fabulous middle school for great 7 and 8 with many extra benefits like amazing music and shop programs ... he will remain in a modified primary school with fewer extra programs.. certainly no music or shop.. Each year more school pools are closed.. Our municipal services like garbage are less than 1/3 as frequent as when I moved to this area 14 years ago. Transit in Toronto is sad. Sewer and water supply infrastructure is over 100 years old in many areas .. Health care services see cuts each year.. We had many great smaller highways in Ontario.. Called Kings highways.. The signage would look like this Now most are changed to county or provincial roads like this The point being that maintenance is now in provincial or municipal hands... nice transfer.. and lower designation typically means less well maintained.. Lots of things... quality of life issues.. I guess to sum it up.. Toronto needs to raise taxes to pay for infrastructure.. The Province of Ontario with 13 million people has a 20 billion plus deficit.. Compare that to California with possibly the 7th largest economy on the world and as many folks as all of Canada.. sure the Great Canadian balanced budget that was a flash in the pan.. and now federally we have 50 billion deficit again.. I took some of that pain :O)