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Budget Nothing More Than a Shell Game


Queen’s Park- The Liberal government budget that was just released is not a substantive plan to get Ontario back on a firm economic footing and eliminate the deficit by 2017-18.

“My colleagues and I can’t support this budget.  In the last few weeks, we laid out five areas to be included in this budget that would help make Ontarians better off.  None of them were addressed in the way we requested.  In fact, in some areas, it is totally opposite.  These five asks were minimums for our caucus – and they haven’t been met,” said Thompson.

“Last week, I met with the Huron County Economic Board and I heard their concerns on to sustain jobs in the county. This budget shows no incentive for business or entrepreneurs whatsoever. We have the highest energy rates in North America, they are adding a carbon tax to businesses, and a payroll tax to employers (ORPP). They are chasing jobs out of this province”, said Thompson.

While the government is talking about their spending on infrastructure, the $130 billion is actually the same amount as in last year’s budget.

“There’s no new money, and in fact, last year they said only $3.1 billion in asset sales would be needed to achieve that spending and the remainder would be covered through general revenues.  Now, the government is saying they have to sell significant assets to pay for the same initiatives.  The new money will be used to lower the deficit.  It’s just a shell game,” said Thompson.

Additionally, the amount spent on the interest on the debt is the highest growth area in this budget – an average annual increase of 5.7%.  This is more than the growth in any other sector, including health and education.

“The Liberals are taking money from health care to pay for the interest on the debt. This leaves them in a position where they can’t afford to do things such as necessary updates to Kincardine hospital, or keep Chesley Restorative Care Program running, it’s absolutely shameful”, said Thompson.

“Ontarians can’t afford this budget or the direction the government is taking this province. They can’t afford the high electricity rates and new taxes”, said Thompson.

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Contact: Victoria Stevenson | 647-522-8700| victoria.stevenson@pc.ola.org


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