Ontario invests in industry in largest budget in province’s history

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“The world is to be frank a more unsettled and uncertain place,” Ontario Finance Minister Peter Bethlenfalvy says of Ontario’s budget for 2023. “Ontario is part of a global economy and is not immune to the impact of global forces.”

Under the spending plan, released Thursday afternoon, Ontario’s deficit has dropped drastically to about $2.2 billion for this fiscal year, which is about $17.7 billion lower than 2022.

This tracks with the Ford government’s plan to reduce surgical backlogs by investing in private clinics and allowing them to perform more OHIP-covered surgeries. In total, Ontario’s 10-year capital plan includes about $27.9 billion for highways, $70.5 billion for transit, more than $48 billion for hospital infrastructure, and $22 billion for education.The government said it will expand the Guaranteed Annual Income System program starting in July 2024. Officials said the changes would see 100,000 additional seniors be eligible for the program—a 50 per cent increase in recipients.

The government reiterated their gas tax and fuel tax credit, which was previously extended until December 2023, will save households about $195 on average since the program was put in place in July 2022. The elimination of licence plate renewal fees resulted in savings for drivers of about $1.1 billion, the budget said.

The province will also provide new money for supportive housing. The PCs have pledged to add an additional $202 million each year to the Homeless Prevention Program and Indigenous Supportive Housing Program. Housing starts, which measure new residential construction, also appear to be declining despite new measures put in place by the government, from 96,000 in 2022 to just over 80,000 projected for 2023.

The New Democratic Party Finance Critic, Catherine Fife, stressed the budget is “more of the same” and that isn’t working for Ontarians.

 

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This guy is still alive? His heart must be so enlarged

Don’t look here tho

Industry NOT people. It's OUR money Doug, not your donors! FordFailedOntario FordIsALiar GeneralStrikeON

Lets make stuff while people are dying bc Ford wants to pay one of his friends to build a road while we wait months for critical surgeries

Invest in people first then think about industry

Keep up the good work, Premier Ford

“Largest budget in provinces history” is truly all we need to hear 🙄 Spending like a drunken sailor while at the same time draining all social services When will people wake up and see the grift happening before their eyes onpoli FordFailedOntario NeverVoteConservative

Industry, NOT children, elderly, sick, disabled, women.

No investment in nurses, PSWs, childcare workers and teachers though. Spending our tax $$ appealing the court ruling on their draconian bill 124. Ford's Cons spend our tax $$ like water. Remember when he ripped out all the electric vehicle infrastructure?

Lets hope these industries pay workers at least $65k

Why do we care what Jugmeets brother thinks? When he had a seat, he did nothing. Cop haters shouldn’t be on TV

Lots problems in Ontario like better paying jobs/medical care/less taxes/cheaper rent/ housing/groceries to high!!!🤬🤬🤔

Nah, I'll break down for you. The rich get richer, the rest of us get screwed. I don't need an expert panel to tell me that.

Justin Trudeau has a mole… and it’s not just Liberal MP Han Dong 🇨🇳🤡😂😭

LOL! Sure Peter, sure! Not a bloody chance under this government!

Canadians need better access to Vaccines and Vaccine related products. I rarely see anyone wearing masks anymore and pathogens are ravaging through communities.

Corporate tax credits and money for private clinics. The rich will get richer.

How come ur station only interviews the colour people only Your station is losing so much respect There is a lot of white peopleThst are getting treated like second class citizens But ur station don’t see that You guys are so racist against white people 👎🏿👎🏿

Breaking: Ford government gives more massive handouts to corporations funded by broke taxpayers.

Wow, more tax dollars than ever going directly to fatten corporate wallets. That's exactly what I wanted!

Chinese Spy Liberal MP Han Dong must be charged and jailed

NDP and Libs already spent all the surplus in their minds on vote buying

Ok but what about the prices of homes and our politicians bending over backwards for developers and rich foreigners at our expense? They never address the real issues.

I feel the same way about Ford as I do Trump

blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah blah

Yiu mean gives handouts to the rich.

Ford and Bethlenfalvy....

Sounds liberal to me

'... but, mostly for the people who attended that Stag and Doe.'

Invest in PEOPLE! ThugFord NeverVoteConservative

Corporate welfare taken from the programs everyday Ontarian’s rely on.

Largest budget and it all goes to private corporations and not to Ontarian’s.

Oink

More like the Ontario Guynance Minister.

Invest in economy Divest in the communities of Ontario Corporatism on high

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