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Tuesday, April 2, 2013

Feds sucking the life out of Ontario

According to a new study, the federal government milks $11 billion more out of the province every year than it returns in funding. The study, entitled "Filling the Gap," was done by the University of Toronto's Mowat Centre, a public policy think tank.

That gap is so compelling because, well, because it is huge. But also because Ontario is facing an $11.9-billion deficit this year. Every time the amount of money being milked out of a province precisely matches its annual deficit, an economist gets his wings.

http://ca.news.yahoo.com/blogs/dailybrew/ontario-being-milked-11-billion-according-public-policy-130314544.html

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