Daily Archives: 3/26/2008

Made in Ontario Budget

3/26/2008

Posted by Patti under Canadian Politics

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Provincial Finance Minister Dwight Duncan delivered his provincial budget yesterday. He ignored Flaherty’s unprecedented attempts to control the financial direction of this province from Ottawa and set a budget made in Ontario. If that budget serves Ontario well as the economy slows will be another matter.

While the NDP pronounce that not enough money was spent on propping up manufacturing jobs and helping the poor, the Conservative talking head Tory bewailed that there was too much money being spent and no relief for corporate taxes. Interestingly enough, a day or so ago I came across a report that a study had shown that tax cuts have a far greater benefit for the higher income earners in this country than the low income earners. Gee, wonder why the conservative types are after tax cuts for themselves and their corporate friends? (more…)