All indicators point to Canada being in serious financial trouble in the next decade and Ontario in

Daniel Antos

This happens in every failed socialist model. Government panders and wastes money to buy votes. Then more money is wasted trying to appease the masses. When they run out of money or get in too deep with the debt they raise taxes, destroy economic growth, businesses leave and when that is not enough, they just take over businesses (Venezuela). All indicators point to Canada being in serious financial trouble in the next decade and Ontario in the next 3-4 years.

RECENT ARTICLE FROM FINANCIAL POST:

Jack Mintz: Morneau's tax changes won’t just hurt the ‘rich,’ they will hurt growth

The finance minister’s tax-tightening proposals are just more redistribution at the expense of growth.

http://business.financialpost.com/opinion/jack-mintz-morneaus-tax-changes-wont-just-hurt-the-rich-but-they-will-hurt-growth#comments-area

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