Rich Folks Have Money, Ontario's Losing Money, Pinball To Make Money
Torontoist has been acquired by Daily Hive Toronto - Your City. Now. Click here to learn more.




Rich Folks Have Money, Ontario’s Losing Money, Pinball To Make Money

The Canadian Centre for Policy Alternatives has announced that the rich pay the lowest tax rates of all income groups. Heather Reisman, Jim Balsillie, and everyone who lives on the Bridle Path celebrated this by heating their gigantic mansions with a fireplace full of money and cackling. Maniacally.
Dalton McGuinty is adding to economic fear-mongering by claiming that the rising loonie is hurting Ontario’s economy and that interest rates should be lowered. Meanwhile on Bay Street, a bunch of sulking economists were blubbering something about not being able to predict the dollar’s rise.
Mike “Pinball” Clemons will be resigning as head coach of the Argos at the end of the season. Pinball machine manufacturers can’t wait to use a newly-retired Clemons in the world’s most ironic marketing campaign. In related news, Wayne Gretzky has suddenly become terrified of losing his spot as Canada’s premier sports sellout.
And after seeing how well it worked for Pakistan, the government of Georgia (the country, not the birthplace of Coca-Cola) has declared a state of emergency.

Photo by Steve’o from the Torontoist Flickr Pool.