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Budget fall-out: Midnight sittings, asset sales and credit ratings
Heated debate the day after the provincial budget is tabled
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The budget may have been tabled Monday, but it's still the talk of Queen's Park a day later.

Interim Tory leader Jim Wilson pressed the premier in Question Period on how she's going to pay down the deficit and deal with the province's debt.

Kathleen Wynne, however, pointed to fiscal news - credit agency DBRS kept Ontario's rating stable at AA (low) and R-1 (middle).

If multiple credit agencies decrease their ratings, the interest paid on the province's debt could increase. That means taxdollars usually used for services and programs would be put to the debt.

NDP leader Andrea Horwath is questioning why the Liberals want to have midnight sittings, debating the budget for hours on end. She says some MPPs have children and this doesn't lend itself to a family-friendly work environment.

However, Government House Leader Yasir Naqvi says it's the quickest way to get the budget passed.

Finance Minister Charles Sousa continues to be questioned on the sale of government assets. He says they are looking into all options to bring in money. He wouldn't get into specifics.

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14 1

The budget may have been tabled Monday, but it's still the talk of Queen's Park a day later.

Interim Tory leader Jim Wilson pressed the premier in Question Period on how she's going to pay down the deficit and deal with the province's debt.

Kathleen Wynne, however, pointed to fiscal news - credit agency DBRS kept Ontario's rating stable at AA (low) and R-1 (middle).

If multiple credit agencies decrease their ratings, the interest paid on the province's debt could increase. That means taxdollars usually used for services and programs would be put to the debt.

NDP leader Andrea Horwath is questioning why the Liberals want to have midnight sittings, debating the budget for hours on end. She says some MPPs have children and this doesn't lend itself to a family-friendly work environment.

However, Government House Leader Yasir Naqvi says it's the quickest way to get the budget passed.

Finance Minister Charles Sousa continues to be questioned on the sale of government assets. He says they are looking into all options to bring in money. He wouldn't get into specifics.

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