Who is Ontario paying interest to?
RE: Provincial debt
So here’s a scary thought. Donald Trump says his current net worth is more than $10 billion. If you take his hundreds of Trump properties, his skyscrapers, his hotels, his mansions, his shopping plazas not only in New York but around the world, in India, Bali, the Philippines, and the golf clubs from Scotland to Dubai, not to mention his wineries, his iconic skating rinks in Central Park and his Boeing 757, his Cessna Citation X and his three helicopters and, if you add in the $213,606,575 he made during his 14 seasons of his “cheesy” TV Celebrity Apprentice show (which is now being broadcast around the world) — if you took all of his business achievements, the U.S. president still wouldn’t have enough money to pay the monthly billion-dollar interest on the debt that our Ontario Liberal government (sorry, we the taxpayers) owe for the rest of 2017.
Second scary thought: Who is the Ontario government paying the interest on the debt to? Hopefully, Kevin O’Leary could enlighten me. Does the monthly billion dollars get paid into Canadian investment banks, or U.S. banks or Russian banks, or could Trump possibly be correct when he suggested the interest on the American debt is going to rebuild parts of China?
This is just one taxpayer asking. Marion Fraser, Millgrove