This train wreck has been slowly approaching the station in dire need of repair for many many years. Unfortunately our weak kneed politicians have neither the will power or resolve steer the train on the proper path, however it appears that the salvation will be an economic one. Namely the vault is becoming bare and the debt refinancing that has been so prevalent is not longer the slavation.
My great concern is not the current condition of our finances both provincially and fedearlly, but the ignorance of the general population when is concerns the debt, deficit, entitlement to forever benefits ect ect.  Basically to get their head out of the sand and face reality. Without this, the current economic situation will deteriorate and that is of my great concern.
Greece had a debt to GDP ratio a few decades ago that was similar to Ontario.  Shall I continue?
I learned a very importand lesson years ago when I started my business venture.  Once you give something away you can NEVER take back