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Timmins chamber concerned by Ontario deficit and debt

The Timmins Chamber of Commerce is sounding the alarm bell over Ontario’s debt and deficit. A report from the Ontario Chamber of Commerce shows the province could go into crisis mode unless the Liberals cut their spending. Timmins chamber president, Al Thorne, says in just two years, interest payments for the debt will be 10 cents of every dollar spent. Thorne, says this is something the city needs to be concerned about.  That’s because we need to ensure costs don’t become so high that it makes Timmins uncompetitive with other markets.  The report gives six ways the government can reduce spending including using the private sector to deliver services.

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