My Home About Me

Yes, the Ontario Provincial Budget is due out tomorrow, and this one should be interesting since it is the last budget before the upcoming provincial election this fall. Can I find much analysis or guesswork out there about what might be included? Not much really, I found Mr. McGuinty's response to the Federal Budget on the Provincial Liberal's web site but not much else right now.

I have heard talk that there is a plan to raise the minimum wage in Ontario to around $10 an hour, but that is only planned to be phased in over the next three years or so, currently it is around $8/hour. So someone working the minimum wage for a 42 hour work week is going to gross about $340.00, a week, doesn't seem like enough to live on to me.

There are comments about post secondary funding I have heard, but nothing concrete mentioned as of yet. There will need to be closure on any election promises from 4 years ago, but then again, I don't remember much of those either.

This seems to be almost a Stealth Budget about to be brought down by Queens Park. The Liberals hope you don't read it, or even think about it? That's a little cynical, I guess, but still, no one seems to care about it.

Drop by the Big Cajun Reading Room

options   oil   technicals   stock   investor   charts   Short selling opportunities   Technical chart patterns   support/resistance levels   ETFs (exchange traded funds)   Deron Wagner   Basic Materials sector   IRS denies trader tax status   trader tax status   mark to market accounting   Patience in the markets   Dow Monthly Performance   Dow Performance since 1900   Amateur Investors   Nasdaq Composite chart pattern