Friday, October 23, 2009

Economic Update

Kenora-Rainy River M.P.P. Howard Hampton isn't very sympathetic towards the economic plight of the McGuinty Government.

Yesterday, finance minister Dwight Duncan forecast a deficit for this fiscal year of 24.5 billion dollars.

Hampton says Dalton McGuinty has only himself to blame for a huge drop in corporate tax revenue.

Hampton suggests the McGuinty government will continue to find ways of cutting government spending, including funding for municipalities, child care agencies and job training programs.