Austerity looms for Ontario
Premier Dalton McGuinty says spending cuts are on the way
Things are bad in Ontario. How bad? Dalton McGuinty’s Liberals are about to table an economic statement with a record-shattering $22 billion deficit, and are sounding gloomy warnings of cuts ahead. The Premier won’t even rule out mandatory furloughs for public-sector employees, à la the “bad old” Bob Rae days. Dust off the Nirvana records. It’s time to relive the early 1990s.
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