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News Release
November 21, 2003
Waterloo-Wellington MPP Ted Arnott

MPP Arnott Introduces Resolution to Eliminate Debt as Legislature Reopens


The Lieutenant Governor delivered the first Speech from the Throne to the members of the new Ontario Legislature on November 20th 2003, opening the first session of the 38th Parliament.

Among the first items placed on the list of business for the Legislature is the need for a debt retirement plan, says Waterloo-Wellington MPP Ted Arnott.

Mr. Arnott’s Private Member’s Resolution calls on the Ontario government to pay off the provincial debt, which stands at approximately $110 billion, over 25 years. He is scheduled to debate his resolution in the Legislature on December 4, 2003.

“My belief is that the Liberal government should balance their budget this year. Then, they should enact a 25-year plan to retire the debt starting next fiscal year,” said Mr. Arnott.

Mr. Arnott also noted that the Throne Speech touched on some of the issues he will be dealing with as PC Critic for the Ministry of Children’s Services and the Ministry of Citizenship and Immigration.

“There was so little said about children and families that the government seems to be missing an opportunity,” said Mr. Arnott. “There was almost no vision of where the province wants to go in order to enable children to achieve their full potential in life.”

“I welcome the intent to work with the federal government on an immigration and labour market development agreement, and the plan to bring in legislation for Ontarians with disabilities. The government has made general commitments and more details will be needed in the near future,” he said.

“The Liberal Throne Speech was not a foundation upon which a positive vision for our future can be based. They are trying to inflate the size of the deficit as a political strategy, dampen expectations on their spending promises, and leave the back door open so they can tax and spend like there’s no tomorrow. They are trying to create a crisis,” concluded Mr. Arnott.

 

 

 

 

Ted Arnott © 2007