On October 5, 2011, I was quoted in a Wall Street Journal article discussing how recent opinion polls ahead of today’s Ontario election indicate a possible third straight majority for Ontario Premier Dalton McGuinty. The article also highlights Ontario’s main economic and fiscal challenges, including the current debt level, which hit $14 billion last fiscal year and projected to hit $16 billion in fiscal 2012. In my opinion, Ontario has been adding debt faster than almost any other province in the country. Yet all the political parties have been making promises of new spending, and no one has in my view a credible plan for restoring public finances.
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