Michael Ignatieff on the changing deficit numbers: ""This is incompetence on an historic scale," declared Ignatieff last week. Liberals would like voters to question whether the Conservatives know what they're doing."
In my previous post, I alluded to the fact the Ontario government, correction, Liberal Ontario government, was also struggling with it's figures, needing to update and worsen the numbers weeks if not months after the last projections. For today's facts, we will head to Quebec, where the Quebec Liberal government of Premier Jean Charest and finance minister Monique Jérôme-Forget's seems to be having similar problems making accurate predictions.
March 2008 Quebec Budget- budget balanced for 2008-09 and 2009-10.
surplus of $717 million, $517 million reserve, total reserve $1.8 billion
November Budget Update- No deficit next two years,
February 2009- $1.8 billion reserve wiped out.
February 2009- deficit of more than $1 billion in 2009-10.
March 2009- $3.9-billion deficit in 2009-10
March 2009- Quebec to run budget deficits for next four years
So Quebec's deficit quadrupled in one month using the finance minister's figures. So I challenge anyone to please explain why Monique Jérôme-Forget's should not be labelled incompetent and either resign or be fired by Quebec Premier Jean Charest.
how is it that quebec be in deficit after billions of dollars is continuously poured into.
ReplyDeleteCorrect me Paul if I am wrong.
The quebec government puts in $40 per child for daycare per day.
Families pay $7 per child per day
So, the actual amount total for one daycare child=$47 per day.
Another thing, whatever happens in quebec stays in quebec however anything quebec wants, ROC pays or else the threats of 'loss of votes.
How many hours do quebecers work per wk compare to the ROC>
Quebec is recieving billions more in transfer payments Jen since Harper became PM.Imagine what their deficit numbers would be like without that extra cash.
ReplyDeleteQuestion is where does all that money go into in quebec?
ReplyDeleteQuebec begged for more money, saying they needed to invest in infrastructure. The PM increased funding and Charest promptly used it to give a tax break to bolster his re-election chances.
ReplyDelete