RC8
Senior Member
Denmark have done everything McGuinty has and more (many more taxes and even bigger subsidies for green energy) over the past 10 years and their economy has continued to expand year after year at much higher rates than most developed countries (US and Canada included).
Country by country and state by state, there isn't a clear correlation between taxes and economic growth. We are also spending a lot less money today in building green energy than we spent to build our current fossil-fuel dependent society. All those highways didn't build themselves, and we periodically bail out car-makers and provide expensive services to suburban homes at subsidised rates.
The reason why electricity rates in Ontario are not competitive has nothing to do with the green energy act and everything to do with Mike Harris' era reestructuring of Ontario Hydro. Ontario had one of the cheapest electricity rates until dogmatic politicians screwed it all up trying to privatise it.
Country by country and state by state, there isn't a clear correlation between taxes and economic growth. We are also spending a lot less money today in building green energy than we spent to build our current fossil-fuel dependent society. All those highways didn't build themselves, and we periodically bail out car-makers and provide expensive services to suburban homes at subsidised rates.
The reason why electricity rates in Ontario are not competitive has nothing to do with the green energy act and everything to do with Mike Harris' era reestructuring of Ontario Hydro. Ontario had one of the cheapest electricity rates until dogmatic politicians screwed it all up trying to privatise it.