The new tax hike and fire sale of public assets Premier Kathleen Wynne announced Thursday are what you would expect of a government desperate for cash that doesn’t know how to reduce spending.
Wynne imposed a $100-million-a-year tax on the beer industry that will start hitting consumers two years from now when the brewers are allowed to pass on their added costs to the public.
In return, Ontarians will be permitted to buy singles and six-packs of beer (no wine) in 450 grocery stores, perhaps by Christmas, an absurdly inconsequential benefit in return for yet another Liberal tax grab.
Wynne is also selling a 60% stake of Hydro One to the private sector.
Ontario’s Green Energy Act offered so-called “feed-in rates” almost four times existing electricity rates for wind and more than 10 times for solar power. Like bees to honey, wind and solar companies rushed in. By the time the government realized that these subsidies were driving Ontario from one of the lowest to one of the highest power cost jurisdictions in North America,
With Wynne, we lose
"The ongoing labour dispute between Premier Kathleen Wynne and Ontario’s teacher unions comes down to this. Wynne has run out of our money to give to the teachers and their unions are mad about it."
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