LMAO Ontario is a joke of a province

[Sid Vicious]

Ontario wants you to donate your next tax rebate to help pay down the debt

Residents of Ontario: The provincial government needs your help.

See, the province has a little problem, something about a debt of $298.9 billion.

And sadly, it has no plan to pay it down. You don’t just happen upon $300 billion unless your name is Zuckerberg.

So the Ontario government is hoping you’ll write them a little cheque, or agree to click the little box on your tax form donating your next tax rebate to the province.

You probably don’t need that money anyway, right?

“It’s an unusual thing for someone to do, but I would encourage any Ontarian who wants to make a contribution feel free to do so,” Deb Matthews, chair of the government’s treasury board, told The Toronto Star this weekend.

Your taxes are clearly too low, or we’d be making some headway in terms of the debt or even this year’s $7.5 billion deficit. You didn’t receive a bill for the $21,000 every man, woman and child in Ontario owes, did you?

And that 70 per cent increase in your hydro bills between 2006 and 2014? Yeah, thanks for that. But it’s a drop in the bucket compared to the $133 billion you’ll owe by 2032 for the energy decisions the government has already made.

(To view on mobile, click here)

You can write the cheque out to the Ontario Opportunities Fund, which was initially set up by former premier Mike Harris back in 1996 when he took over for Bob Rae.

According to The Star, a full 36,560 of your fellow Ontarians have already donated to the fund since it was implemented, and the fund pulled in $135,289 last year.

That’s nice, but come on Ontario, we can do better than that! At this rate, it will take over 2 million years to tackle just the current debt, let alone all the accumulated interest.

And there have been so many unexpected costs lately. The gas plant scandal was supposed to cost $230 million, but that ended up being closer to $1 billion. The smart meter program ended up costing $1.9 billion, more than twice the original estimated cost. And then there’s that $9.2 billion in extra costs for the Green Energy Act. Money just seems to be flying away, and we’re not talking about wind turbines here.

So look into your heart. Forget about the Syrian refugees or the Salvation Army this year. Skip your annual United Way donation or whatever cancer or heart foundation you usually give to. Those guys don’t know the first thing about crippling debt or borrowing beyond their means. They’re actually required to have balanced operating budgets. Pffft.

No, it’s time for Ontarians to band together and bail out our country’s biggest charity case: The Ontario government.

Please give today.

brb, asking boss to give me a couple extra paychecks because i blew my money on hookers and blow

[6o4__boi]

Provincial panhandling.

Junkies are still getting their fix by panhandling among other things. So why not try it at that level.
Soon they'll be sucking dicks to pay down the deficit

"I'm a public employee, I work for the OPG."
"Oh what do you do?"
"I suck dicks to pay down the deficit."

[Nabatron]

^dunno if the post was legit or are they that fucking stupid! lol

[Nabatron]

^they want more money to pay off what the Ontario governments dept that they put fourth! by all means take more money from the people...also by litterally begging for more money you have got some serious balls or they are that stupid!

[Sid Vicious]

Originally Posted by Nabatron

^dunno if the post was legit or are they that fucking stupid! lol

no its legit,

from toronto star lol
Ontarians urged to help province pay off its debt | Toronto Star

different article but same deal

[Nabatron]

lol i guess the Ontario Gov't is actually that stupid!

[pastarocket]

Crusty Clark would not ask the residents of British Columbia to help pay off B.C's debt.
She will just pass the buck and let the next government deal with it.

[Jmac]

Originally Posted by pastarocket

Crusty Clark would not ask the residents of British Columbia to help pay off B.C's debt.
She will just pass the buck and let the next government deal with it.

More like use crown corporations to balance the budget without "raising taxes"

[vitaminG]

i cant believe after all the crap ontario liberals pulled they still reelected them. ontario voters deserve everything they get

[Traum]

Originally Posted by vitaminG

i cant believe after all the crap ontario liberals pulled they still reelected them. ontario voters deserve everything they get

Well... is BC any better?

[jasonturbo]

With twice the debt of California, Ontario is now the world?s most indebted sub-sovereign borrower | Financial Post

I'll just leave this here...

[SpartanAir]

The audacity to ask taxpayers to give even more money to their government, just because it's a nice thing to do.

Wow. Just wow.

This sums it up nicely:

So look into your heart. Forget about the Syrian refugees or the Salvation Army this year. Skip your annual United Way donation or whatever cancer or heart foundation you usually give to. Those guys don’t know the first thing about crippling debt or borrowing beyond their means. They’re actually required to have balanced operating budgets. Pffft.

[RRxtar]

Year......... Debt.... Party
2013-2014 288.1 Lib
2012-2013 252.1 Lib
2011-2012 235.6 Lib
2010-2011 214.5 Lib
2009-2010 193.6 Lib
2008-2009 169.6 Lib
2007-2008 156.6 Lib
2006-2007 153.7 Lib
2005-2006 152.7 Lib
2004-2005 140.9 Lib
2003-2004 138.8 Lib
2002-2003 132.6 Con
2001-2002 132.1 Con
2000-2001 132.5 Con
1999-2000 134.4 Con
1998-1999 114.7 Con
1997-1998 112.7 Con
1996-1997 108.8 Con
1995-1996 101.9 Con
1994-1995 90.7 NDP
1993-1994 80.6 NDP
1992-1993 61.8 NDP
1991-1992 49.4 NDP
1990-1991 38.4 NDP

Debt grew by 150billion, or like 200% in the 12 years since the libs took over.
Debt grew by 37billion, or about 30% in the 8 years the Conservatives were in government
Debt grew by 50billion, or about like 250% in the 5 years of NDP leadership before that

[jasonturbo]

Actually, for the sake of my amusement, here are some un-published stats that you might get a giggle out of;

Quebec Pop: 8.2M
Quebec Debt: 197B
Debt/Person: $24,024
Debt/GDP: 49%

Ontario Pop: 13.6M
Ontario Debt: 288B
Debt/Person: $21,176
Debt/GDP: 39%

BC Pop: 4.6M
BC Debt: 65B
Debt/Person: $14,130
Debt/GDP: 18.5%

While Ontario is the worlds largest sub-sovereign borrower, Quebec still easily takes the podium for being the most financially illiterate by receiving almost the same amount in annual transfer payments as Ontario but with only 60% of the population.



Socialism...

[noclue]

I think you get a tax deduction ala donating to charity?

Donate to the province = hope they don't increase income tax
Donate to the charity = 80-90% of donations go into "overhead" anyway

[tonyzoomzoom]

wonder how much of that debt is a result of wasteful spending on party supporting businesses.

[Soundy]

ROB FORD FOR ONTARIO PREMIER!!!

[mciroc]

Debt is always going to increase with cost of living but 36 million jump in a year is insane. At least in Alberta you cant specifically blame there government for there loss

[PiuYi]

Originally Posted by jasonturbo

Spoiler!

Socialism...

am i reading this right? PEI gets 361 million in transfer payments??

[mciroc]

What is the incentive for people ding this....

[jasonturbo]

Originally Posted by PiuYi

am i reading this right? PEI gets 361 million in transfer payments??

Lol yes you are, PEI is an economic wasteland. Beautiful in the summer though.

[Mr.HappySilp]

Originally Posted by mciroc

What is the incentive for people ding this....

Nothing expect out of your own pockets and being stupid. I rather spend the money on a vacation then let the gov blow it. At least I get something out of my vacation.