Cash Cow: Provincial Debt

Policy Innovation Dept: That was the picture a number of participants drew at a conference last weekend on the New Ontario and what it means for Canada. In many ways it is not a pretty one, as Ontario contemplates joining Alberta and Quebec in putting regional interests first. The conference was organized by the Mowat Centre for Policy Innovation , which is funded by the Ontario government and named after Oliver Mowat , Ontario premier from 1872 to 1896 and Canada s first champion of provincial rights. Its partner was the Institute for Intergovernmental Relations at Queen s University, according to The Star. The first is that Ontario no longer feels like a fat cat instead, it feels poor as it struggles with a big budget deficit and rising provincial debt, high unemployment and the prospect of sluggish economic growth and ontario, once the cash cow of the Canadian federation willingly sending its tax dollars to other parts of the country to ensure a nation of shared well-being and national unity, could soon become a new and aggressive Ontario First champion, much more focused on its own fair share treatment in the federation. Today, a number of factors are driving this Ontario First momentum, but two appear to be the most important. As reported in the news.
@t provincial rights, oliver mowat