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http://www.torontosun.com/2016/01/15...ow-69-cents-us
This is getting scary. Not sure when it will plateau but expect everything that comes from the USA to get expensive. Certainly a great time to slap us with a Carbon tax and a pension tax right? Might as well bump up the hydro rates too just to be safe right?
It's not just the simple fact it is getting worse, it seems to be accelerating that is disconcerting.
Sunny Ways Terry.
And now that the cupboards are bare, and we don't have money for bridges, Hydro is exploding, taxes, the cost of produce ( articles in the paper of $7.00 Cauliflower), oil and the loony tanking ( up go the cost to import) and assuming certain taxes like Carbon taxes come in or ORPP and the job losses continue ( TORSTAR laid off 250 today)....
Good job Ontario.
It could get very bleak
Seems to me many for a long time over the past 5-8 years spoke of storm clouds, instability, sluggish economies (don't worry we were told things are good/getting better)....
It's getting cheaper to cook a roast than make a stir fry now and my family loves a nice stir fry. When you compound the hits from Carbon tax, Pension Tax and Hydro increases the average family is going to have to make real adjustments and that means less consumption and a shrinking economy. Shrinking economies mean less tax revenue. Will these liberals and unions accept that and adjust expectations? I just made a funny there........
Well it takes $1.45 to get $1 US....Quote:
Originally Posted by JBen
Liberals adding billions in new taxes (carbon, Ontario Pension,etc)
Liberals killing Ontario... someone mentioned electricity rates...
"Hydro One is increasing its distribution rates in 2016, expected on Feb. 1, which will mean a 0.4 per cent hike on the average residential hydro bill. The Ontario Energy Board is also changing to fixed distribution rates, which is expected to result in another 0.7 per cent increase in electricity bills once approved"
oil prices in the toilet and the NDP killing Alberta.
You can pay down debt and hide the left over under your mattress, if you have the right skills you can get a contract in the US in IT (a low/regular contract there is $$$ here), you can forget about luxuries and trips and use it to invest in weakness on investments that will come back in 5 to 10 years (20%+ returns on some stocks if they go back to highs last year), you can join the Conservative party or local group and try and plan for the kicking out of idiots and criminals.... or you can put on your rose coloured (sort of matches the Liberal colours... hmmm) glasses and pretend the world is ok. Work harder for less or leave a disaster for the grand kids... so much for the dreams our eduhucation system lays out.:whacked:
I think they are too eduhmicated to figure it out... nope, more corruption in unions since they can go back to hiding their spending .... Nope, they will want to spend more.Quote:
Originally Posted by terrym