Ontario Community Newspapers

Waterloo Chronicle (Waterloo, On1868), 9 Dec 2009, p. 21

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WAIlelKJCHIUNILlL'Wrdlirsda) imam.“ a gum-u I th ' ° 1 993? S e economy etter 0 today an It was 1n . I \ to tight the fl'lt‘\\|llll \vitli really a sigiiiiitaiit ilitlei teat ago Is priiiet ted In tilt-tits are not toiilrontiiig tent in I‘M. Wu uliit ll is l)ll\l\l \\ Luge \tllll~ Ill trutitnt-i t'liit‘ ”(men-L the l‘t‘ll mused ltllllllldll\t'lllllp iii thesatiit-iitiitiiilaiiiasprmi .itititiniiiiiiteli doubli- the \l,‘l"‘.‘lle llltllll‘\ budget tolloiwtl mo \t‘dnul ll‘tll lilll‘ til i , pet t etit no» titltiiiitistratioits iii the iiiiieiit level Main (ll us i i ' i ‘ liitit s and their new \('\('H‘ retessioii that \in liasedoii RM loretasis early l‘J‘IUs when overall ft'(tlll polititians lll\(' \lilne H3“- ‘ than» l-Illl'll it an attempt tlt‘\\t'tl a t'tiititilatiu‘ drop in in Ht toot-rt lJoii llrutii ilelit its appoint lH‘tl ‘4 per lliittis ri't itiiig that [- tents ‘3'” ‘ in the l1('l\l\ elm ted Rae teal (.l)l' of l? per lt'lll lii iiiond and Derek lliiilt'toii (t‘lll iil(il)l’ lrotii eat l1 gmt'iiiiiit-nt th)l "3! l gotta “thrill to \tH'Iltl Il\ Jlitt‘l‘ the em llllillillt down troiii |l)llank intlitated that lite net piihlit debt to ‘ ., l urn out of till m ottottilt tiiiii that started inst over it t tint-iii ( tilldtlldll goxerti (.l)l‘ izillo peaked at It): per (iontlnued 0" page 23 ‘ ‘ '~" ‘ slump wliitli alums w __, _‘ _ l A i if ‘ pr()(lll(t‘\ dire iOlhl' '- ‘ -h ‘ 1' ‘ ‘ tint-mes lhe tllllltlld a "w W , , , , ,, ,, _ “I _,_, '0 ‘ l ll\t' “mull was a u " isnigggiggg L " A tit-tint eueeding $ll) a": zlréiz: » i 'TIS THE SEASON .. i > Am ‘ ironically. in [WI -â€"~~â€"â€"â€"\--\. 3 {NPR 5: : SINCLAIR l there was no mention ‘- i 5 :5: gf} ’35 ot “economic stimu» To LMSE 5:;5 vi “33.5 Ex} lus" packages. Huge â€" 5:5 isf§§E§V - v ' 34!: :. [eve l’aikinr the long deficits were irresport m .Est m “M éga“ by": if j Stime current affairs perr sible. MEMO», and ummm‘mumm “triflihi sonalit) on 'I'\'(). has seen i115! not appropri:te «Am m §§:%§€'§3;: the (.it ‘ ofWaterloo fre- 0f 11 PTOVlnk‘t’l at “unfit N , quentlylhis year, was governed by the not». w (Immat- £5? ;;= 6%}; :3! He first hosted his rl.‘ tlar Progressive Consem~ {‘5 393‘; ; , program [he “and? in lives for 42 years. The I ZOIOSMATA 6'- gm f- 53%,}? March at the (entre l'or ”NEWS! payments CA l’:;§;:f§j;g{ lnternational Governance alone WUlJld ll’dd l“ l m ‘5 ‘ ; 1:}: Innovation That slum was biinTUPN‘)’- Massive 1 WE ‘ 'V » Rut W m fix”: gEvggggjégfi part ofa series documenting (l0 mo H *1 f8 I H)" 8 _â€"â€"~ 0" w W i 34:15:32; Ontario Communities occurred on the from v _ A MWANEWLOWERPRCE 33?};- . Ea -: ' i ‘- ,, n‘ ) i i iteil‘gajgzp adjusting to the realities of ldWl (If QUtUls ldrlk \ Mm , ‘35 “3% ‘ fig the newglohal economy Wht'fl‘ angry DWI?» ‘ m ”A m Wkly §§§3§l35§§;§ ln October, 'l he Agenda tors demanded fiscal J Mimic-n i313”: at” new returned and spent 21 “MN”?! Mid mm): '“miawmfi‘xjmué’mw'fu'rmmm'wmw 1c flagging} week at the Perimeter Instr Many “l ”KN“ brotes- ' Eggggi.Ҥ 5:35: lute during their “Quantum [0“ really didn't really :51. P . E?“ x: g; to(2osmos" festival “l“? 30b R119 and bl“ §§5§§§E§§lii Paikin has covered government in ”11‘ l a??? first: :7 almost everything of imPOr- my place 3P3 :13: fig tance in foreign and domes- F881 forward I0 gi‘é‘fig is; S g 5 [l(‘ affairs during his nightly 2009. ”19 mm! recent @3531; :...i time slot on the public “HUM"? “l the Eifi‘;§§i;%§ hrtmdcasting station, provincial deficit 1" “WWW mm” EEJEQM: { ;3 “w we «we hv most [W "to of ”w ”'oACCENT L son mam L 13;:- z i, emit-d a panel discussion in ”1011“” created l)_\' :3 nfig: f 5 7 25: their loriinto studio (only Hoyd Laughren In 09mm this”. amflflw gf flit?» harm}: the recession oi the ”(WWW current airlift?” Sm: m 3" E35 3’55 ;: 5': bath Mills mth the down l lliilntxc Minister ‘mwmm. m_-umm-.~~ . 9353:“; :5 turn we t‘\p('nt'll(’l‘(l {or are ”“1ng Duncan [Old mum-mm “A m ”jwfi’fw £31”: : i E g: I still experiencingdepending \oters the llrl’lvnlf’” mummy-m mam-wmimâ€"m N" “M §::§;;1‘;‘{' onyourperspectivei ”11008 if” Ill” year lidd wanna-ml; L“ .hm‘m -mmm-mmmâ€"u-mmm i §!~"g“j5= and 200‘! jumped to $24,? hil - 'PUâ€"muwu-Sawuummmr-m ita‘fiti‘: the focus wasn‘t joh lossâ€" lion But. as many f3 £83565 es. plant closures or other economists and M NEW “A - 5;;53 21:51:: :3 l‘fl\llallll’\. but rather govr ”PM“ have argued. 20“)er FE GL 2'4L ' t‘éggi‘fiéfiig eminent spending and big ”WW really are very \ g: :1 Egg]; 5 deficits, few options apart £33m. zo‘argw l ‘ ’ ‘ gefiggsfgaag The first guest was Bob from the prtvince's m' Mum-mm §*§§”§§E§§. Rae â€" someone with inn» stimulus pat ages to "‘M“ "' ' 5 .3 ,1 mate knowledge of the ignite a slumping “mm Briggs; Lg? recession 3 decade-and-a- economy The recipe ‘ PM gig a g {Egg halfago. for recovery is to "" ”:31. ”Egg a E 5 You may recall that Mr. spend NOW and pay _-__m gig: § :ggi Rae. the current Liberal MP tater. h d mmmmmzmo E35355 E for Toronto (‘gmrg Was Pre- 80 CW oes our chleum-mmWI-mâ€"a-mm ‘ . _ S 5’ mierotOntan'o from 1990 to predicament in 2009 :zwxgr Mi .firxmmrh“wma“ liilgfia 53; I995, compare to the condi» be 9, big“ His term in office was Iif)!“ 0f the early 325? ggfg g dominated by economic W908? [v - , ‘ mmmmmmm v w » a giggiggs Ei‘g' issues and a recession that According to a r "u. .'. :3 prohibited his government recent report from the ‘ CW “mwm’lm'ummm sit; igagg‘ from implementing the Royal Bank ofCanada °°"""' "' mum-mtummumm Egg: 3 iii; a enda for chan e that (REC). the current 7K §_ 0 £5 pfimupmmexp’iflm mum-tar deficit or mnmnutouoinm mmmmmm r Sggaggggiéfi As we have witnessed $24.7 billion is the i 57; rim-3‘33 over the last year. govern highest in the -I'A '.‘-- 8‘ H YU n D RI :5 fl 8%”?- ments tend to spend heavily province both in M t _, 335 g g :3 during bad times, in the abzolulte dollar terms ' liglgii Egg 199] Ontario Bud et. the an re alive to Gross ,v'w 1 first tahled by NDPi‘inance Domestic PI’Ule‘l M MD c. m giflltfiggg“ Minister Floyd Laughren, (GDP) at 4.4 per cent. “PM. Mud-l Schlm Mm“ WWW 3 :5 2%; g: he mes” e we“ Wham In 1993' the mm) was _ «Atom. Rd. 825 Davenport Rd. 1992 EagoStt Mr 3' is 1 ‘â€" th’ h g . . 4 3 per cent _ not KI‘CMHOY,519‘7‘2'“00 Waterloo,519â€"886-2626 Cambridgo,519-85(}5080 S a i: 2 I d! I e provmce was gOIng ii wwwrnlpinahyundnica wwwinchluotorhyundaica wwwumbridgohyundilca [5:2 “gfifig.

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