Saturday, October 24, 2015

SQE Calls for Minister of Education Liz Sandals to Resign

The Province of Ontario is the most indebted sub-sovereign borrower on the planet. Ontario's population is only a third the size of California's, but our debt load is twice theirs.

Debt is the main reason why Ontario Hydro is being sold off, nurses are being laid off, and schools are being closed down.

Ontario does not have money to throw around willy-nilly.

Knowing the dire straits of our public debt makes the news that the Ontario government has given $3,741,000 to teachers unions since 2008 so difficult to swallow. This unaccounted money was given to cover the costs associated with labour negotiations, apparently to pay for things like pizza and overnight accommodations.  (more...)

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