#OECTA denies Ontario is in DEBT crisis! #ottnews #onpoli #onted

 

 

http://www.catholicteachers.ca/OECTA/media/pdfs/Communications/Briefs%20and%20Position%20Papers/2019/PreBudget19.pdf

debt

==============

OECTA wants the gravy train to continue! 60% increase in education costs in 13yrs under Liberals with LESS students over the 13 years!

 

The post above ignores the fact that interest rates were 3x higher in 1999. With $350 Billion debt at 1999 rates (They WILL go there again!), Ontario would be in default.

Ontario is 1/3 population of California and we have TWICE the debt:

https://business.financialpost.com/news/economy/with-twice-the-debt-of-california-ontario-is-now-the-worlds-most-indebted-sub-sovereign-borrower

We have an aging population and a healthcare system is total crisis.

What does OECTA want?? MORE education spending, teacher raises to get more teachers on Sunshine List, and smaller classes!

 

 

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s