The percentage of seniors living in low-income has consistently fallen over the past four decades.
Government Spending & Taxes
From 2015 to 2018, interest on Ontario's debt will grow from $11.2 billion to $13.1 billion—an increase of nearly 17 per cent.
Over the last 50 years, federal spending has increased about twice as fast for First Nations people compared to the average Canadian.
There is very little to feel reassured about when it comes to Ontario finance minister Charles Sousa’s latest budget.
Researchers have found that the cost of improving household efficiency is more than twice the value of the energy savings.
The Wynne government estimates it will add $11.5 billion in net debt in 2015/16.
Provincial program spending between 2004/05 and 2014/15 increased by nearly 100 per cent.
Province’s net financial position could decrease by another $14 billion in 2016/17, making it a net debtor province.
If interest rates rise faster than expected, Ontario’s annual debt interest payments could increase by up to $857 million in 2017/18.
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