Saturday, March 17, 2012

Provincial governments are addicted to gambling revenue, says study

IMFC decries gambling addiction of governments
Photo Darren Hester/
The B.C. Catholic has a Deborah Gyapong article that might advocate gambling addiction intervention for provincial leaders:

As Ontario explores setting up casinos in Ottawa and the Greater Toronto Area, an Ottawa-based think tank has decried the addiction to gambling revenues of provincial governments.

The Institute of Marriage and Family Canada (IMFC) study released Mar. 15 said provincial governments are “mired in debt” and looking for ways to increase the $13 billion a year that gambling already rakes in.

“Provincial governments in Canada are addicted to gambling revenue in the same way that they are addicted to tax revenue,” says the study. In tough economic times, the federal government is paying 13 per cent of its revenues to service its debt and provinces are also “mired in debt.”
Read the full story at The B.C. Catholic website.
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