Comment 98052

By AlHuizenga (registered) | Posted February 27, 2014 at 17:14:21 in reply to Comment 98048

Nope, not true. Like everywhere else, Ontario's revenue-to-debt ratio has grown significantly since the beginning of the Great Recession, but the province continues to receive good credit ratings anyway because it has a lot of power over taxation and other revenue tools. Which is exactly what we're talking about here - using those tools to finance vital urban infrastructure that will help stimulate the economy, increase tax revenues, and over time get the revenue-to-debt ratio back in line.

You know, for someone who uses the handle "Capitalist"...

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