Provincial spending cuts will take people from bad to worse - News Summed Up

Provincial spending cuts will take people from bad to worse


Thanks to the FAO report, Ontario’s political leaders all knew Ontario’s true financial situation before the election started. NDP Leader Andrea Horwath proposed to raise tax rates on personal incomes over $220,000 and reverse some McGuinty-era corporate tax cuts. Throughout the campaign, the Ford Conservatives wouldn’t show Ontarians a fiscal plan. Cutting $23 billion from Ontario’s $152 billion in program spending slashes about 15 per cent. Thanks to the McGuinty-era corporate tax cuts, Ontario already has Canada’s lowest per person program spending, including the lowest per person investment in health care.


Source: thestar September 26, 2018 16:30 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */