TORONTO—“It’s not often that a government facing fiscal problems leads into its budget by declaring proudly that it intends to ignore the fundamental cause of those problems, but that’s exactly what Ontario’s Premier and Minister of Finance have done this year.”
That’s the conclusion of an Ontario Alternative Budget Technical Paper released today by the Canadian Centre for Policy Alternatives on the eve of the McGuinty Government’s second budget, scheduled for release on May 11.
Ontario Alternative Budget
TORONTO—Ontario’s fiscal capacity is currently unable to support the investments that are required to meet the needs of Ontarians, according to the 2005 Ontario Alternative Budget (OAB).
TORONTO—Ontario Finance Minister Greg Sorbara has a lot more flexibility in his upcoming budget than he’s letting on. That’s the conclusion of a new study released by the Ontario Alternative Budget project of the Canadian Centre for Policy Alternatives in conjunction with the pre-budget hearings of Ontario’s Standing Committee on Finance and Economic Affairs.
There's only one real message in Ernie Eves' faux budget, released to an intimate group of friends in Brampton today. These guys only know how to do one thing -- cut taxes.
They cut taxes when they're running a deficit. They cut taxes when they're not running a deficit. They cut taxes when the economy is strong. They cut taxes when the economy is weak. And they cut taxes, regardless of the state of the public services that it is their responsibility to deliver.
Dans une étude publiée aujourd’hui, le Budget alternatif de l’Ontario affirme que les réductions d’impôt du gouvernement Harris sont la seule cause de la crise fiscale qui menace l’Ontario.
Chiffres à l’appui, l’étude démontre que les Perspectives économiques publiées par le ministère des Finances ´ sont une fausse représentation de l’état actuel de l’économie de l’Ontario, de ses perspectives à court terme, de la situation fiscale et des causes de l’aggravation de celle-ci ª.
"The Ontario Government's plan to spend $300 million on a tax credit for private schooling is just a fraction of the total of $2.3 billion cut from public education since Mike Harris was elected," the author of a new CCPA study says.
Toronto--The only way the Ontario government can avoid a budget deficit in 2001-02 is to suspend the implementation of further tax cuts.
That's the conclusion of a study prepared for the Ontario Alternative Budget project by CCPA Senior Research Associate Hugh Mackenzie, who is also Research Director for the Steelworkers.
This report finds that the only way the Ontario government can avoid a budget deficit in 2001-02 is to suspend the implementation of further tax cuts. Contrary to the government's claim, Ontario does not have a spending crisis. Instead it has a revenue crisis--one created by the government's own policies.