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an - WATERLOU CHRONICLE 0 Wednesday November :4. .‘U 10 if ‘ '5‘” 'm. ‘fij .. w a $, *4 h j mum I j 7 l , ’ '-:._ .. 4 “‘" _ 4, 3’ M; "$ . igésgssasgasgg “NW" D W l s ‘ " r' ‘ ,. ‘ '5: " ”in '7' a? ‘1'; SEEâ€"ghk-EEEZ K th 11 4 S Main- ' *' a: * 1* M eepmg 9 ts _ . 4 . 2,4: 32 4_,fc\9- .. : ~ ..-.-~~ , . , . a ' géarfisé-zéa ’; ° ' ! Ill/IN )9 *" d2 4... on in Ontarlo : . f; ' . 4‘ tx- in ‘22; an?" t 4 4 4 V s gggxi‘aggégg g2? In terms (ll actual L'()ll~ , 444 .4 44) idfignfgé if? tent, last week's em 3 . ,.- . ‘ 0/ “is: nomicouuwkand fi. 1" NV “ ~ - 0 FOR s: ° W ”M : : up") igésa‘zsgg'gy.‘ fleeting, ' pp ‘ _ 4 i;Ҥg“2‘iégl‘g§§ . w: , --.‘. _, y . iggigéciifggég The economic out» MI)“ 5" ”‘ 1 ,4 §@;::§§§::§3 look is a mid»fiscal '4 9' 4 WWW FINANCING MONTHS 3:95 =§§g4§§:§;= report card delivered . ' ' I”! 4 , 44 _ 4, . 4. I «4.44 MWLSDI giiiggqfiisg annually in or around ’ 9 ‘ . 5‘ .» .4 , ~ . , . . -. .. M sggiggsgéfis: November: .. 2: 4 4 . .344 _. , 44 4 ”fly-Mri‘ .4 a stigggfiasgfi Three years ago after 4 ~ " ’ d 4 ,. ' My "94 4: 4.44.: '4' 4.4; ~ : , imfigégig‘gfiig the McGuinty Liberals " h , M 4, :34. x“ i . ’34 4 .; A; M; §§u=:§-§3§::3; were elected to their sec- I a ‘ 4- .4 ”I! ‘ m 4 ’3": 4: '. : a; E25§S§9°r3§~=3 and term in office. the 4 4. . 4 . ‘44.“ 4-4-4 44447:: Eb E§§§§S§§§ fall update contained ‘ ART ’ “ “ ‘ 13g ”figs-3433:; some major corporate 4 SINCLAIR ( (I Q'fm‘lwmm. BESISEHWGWTINW' g:;gi§g‘5§§s£;§ tax reductions. most ‘ 4444444444 4444 awn-um Egthiésgfigvi notably the elimination mm L siSiggg‘gyig: I ofthe capital tax for man- In what now appears . . . , . _ . . f; ‘23! .23: ufactumrs. to be the standard prac- . ' t; M a. . ”mm Tess? ‘ 9:3?“ .5- 3’3 444325: 0 h be t tice of ensurin the t‘ a 44444., _ 5:... 4 . My. r. 444 . 3. 44,. $3; 13132:} ur c am r s rongly 4 g en ire . 4~ 14”,- § 4.44 . E M, 4 M 3 4 4o 4 ~ :‘1: $044530???“ supported and lobbied p0pulatlon of the . 4. as :M ' . assists-gays “3:.“ "new. PM“ “we "r a“ . 3:. 4 ,4 ,w. v.5 . 4‘44 . . 32:43:08; figfi 4e prevailing eco- government announce- 4 4:4 4 4:. g . 4.: , 44:24.} .. ' ,. ,. _’_ 5494' 3 i5; 1?: g“ g nomic conditions at that "tents days In advance of : . .444 . .4 . m 4 we .- ,t' ‘Sgggfgigigg time were relatively 513. the official proclamation, . r* mam-v _ n g '3 ~§3§g3 ble. although there was early last week media tau-num- E (I sanctum-sow? Alt/WWW! §?§§::§ERES"§§ some volatility as the repons indicated finance ,_ ‘ \mt maul. §§§i§;§§§sg§i; result of an escalating Minister Dwight Duncan w l k .4 ‘;_4._’ it“: gr'lffily-jb .. ‘ . ‘ if,“ ‘4': ":03 4‘35" ' ~.,.( . 53;- ’3‘ g,â€" i’: Canadian dollar. ‘ was planning on dashing " t8" ‘ _ .L ’3" a“; f r" 4 it; ‘.f4;1l$"""‘ ' e .4 *0?“ ’ - v, ‘2'; i§32§ Egg: All factors considered, hydro rates by ‘0 per W :‘ «Y1: ; $41 4 -,,.;..~.,._4.-4 " 2‘ ' ,Kg‘ii . 3~ 3 4§4§ié :35; government revenues cent. at. \ s“ M 1 .; ' -~ gangs-Ms: appeared sufficient lo Therefgre it :25 no .‘ a; 5571:?” 1.: Lev-4'44 .6:- - ' 4 _ 4 'Z'. :, 4g 3: -‘ g: keep the province run< surprise W en i1 ecame _ ' ‘3." 32" ‘,"‘t .Hfif‘eJKg44-4 _'--‘ . : 4 §5E§it gig; m official on Thursday I r new 4% 5353' ”8?: hithe fallof2010, after when the outlook was innâ€"am... 0’ SWIMâ€"5W wwwnfifm" gigs 3- fix a two~year global slow- tabled. 4 44444444444 4 _4 4 4 4 r §§§§3222§ 13%- down. provincial finances The 9883 does not end :4: .,. s” ' fi 33% 3344.;ng are dominated by a with hydro rate cuts. 44444.§4_ % , 444 .4 _ _ - 12335 8“ record deficit. Duncan also indicated. to 3; :4: 4 “(if , M 4 4._ mm FEGL new 4 figgfiggfimég u could be marginally slightly less fanfare, that 44:44.3.4‘ “eulkldgfi'ngl ' -4 4 . ‘ 4 . 4. i123: -. 94%; . positive news that the electricity prices will still .fi . a M. . m , 4. . 4» 4 §3§Z§g§giz§§ shonfall for this year will increase by about 46 per . g 4 4 . - . _,4 4 I. 4‘ ,. 4.4 .44. ég-gaggtgéging be close to $19 billion. cent over the next five . WM“ .‘u ,. u â€"- .-~' . 4 . my. 4 ' ‘ " ' , ' - ~ _i ' “Sig-5'5 i 35;” down from the prevtously years. 4 ’ ‘2 .» M :1. _: .4 mg”. ’ 4" 4 Egggggfigfigé anticipated 524 billion. Higher bills are the . 44444444 4 4 4 _ . =§§§€§§§§§§E§Q A financial predica- result of investments . .48 I414. 4" ‘_‘I “w m,“ w“ ' ”autumn-1' ‘ " _ giggfifaggggggg merit of this magnitude required on infrastruc» ‘ ' ‘ .3 . 44 ‘ 333325233: obwously prohibits major tuft: and the shift to green - . . _ ' afsrsmmomrwvwmm- are : $3: 5335?“??? new exl’endl‘u"?5 0“ “my ”Chaswla'and whim 4S ..,4 .. 4 §§33§3§§5§§§§§ health care. education or Wind _. 4 . 4444 9‘ Eggs? §§§;P§§a: any other priority p0rtfo~ . The latter point has summsmusoiwmmsts mailman-mm: ,-~" g‘ ’ ‘ Eggégiéigisié “05' al‘eady "mind deba‘e “Mikanwn‘mmm mmmmmufi. ,m‘ . .~.;..~‘~j“: ”L: 3' §§§§33€s3gfiéi This is 5““ a huge across the ”mince and 4 . ~ : a- «M x 3;; “£53, .8354; creditcard ‘ topay. we can expect the discusâ€" :; YEAR . g $433334; .2 The malgcomem of Slon to intensify for the 4 gig < . ' g . m .3 " H Y U n D Fl l ggggggggaiggig the economic outlook. as nlextyear as a provtncial " 4 . . if" Egg?» 2 briefas it was. has poten- eectlpn approaches Egg? 3:??? a tially commenced one of h Critics have pointed ‘0 v 444, - h . 3 the “FEE“ policy debates t e Green Energy Act. "" V°“" '°°" "" "V'"“‘" °""' §§§§§§A§§§¥§g Ontario has ever wit- which provides solar and m m Qua-men! ° a -g_ is nessed. wind producers inflated Alvin. "with“! “bk-“.0 Hyundnl Cnmhflm Hyundai iii I‘235§g§~g ' ' c .4::'upin._ no: . 625 Dcvonport Nd. we: E-gI. St. N. axngig 5;, a The Issue is hydro 5w..." " “° .mW-ezzwxxtyssez. .22::*."::.:;.::,:'::3;:':7:. assess??? we ““"Mmmz‘ 2".1‘ ' n o ’ GIC spoaal 4 High interest accounts W17 . . 2 at are ca 54 ' fi) upto:! 72W Upt01 00/ y 0mg r o 0 o 0 4 < " myncucom Contact your brutbfin‘ M! Cambridge Waterloo Kitchener . 385 Haydn M. “9.6213377 [68 Kqut 5. 519.579.!“ ISMWS E. ”91”.” . 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