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News Release
November 24, 2003
Waterloo-Wellington MPP Ted Arnott

LEGISLATIVE ASSEMBLY OF ONTARIO

Official Record of Debate
(Hansard)

LIBERAL CAMPAIGN PROMISES

November 24, 2003

Mr Ted Arnott (Waterloo-Wellington): Mr Speaker, first of all, I want to congratulate you on your election to the chair.

Halloween may be over, but the Liberal government's tricks are still coming, as Ontarians are treated to a bagful of broken promises. First of these was the blame-game phony deficit. Key to the blame game is a little exercise we're calling "hide the revenue," a trick that would make any self-respecting accountant blush. The latest evidence: $771 million in federal health money that must be paid out of federal coffers by the end of this fiscal year, yet these dollars are nowhere to be found in the finance minister's expected revenues this year. Why?

Perhaps they're being rolled into next year to pay for subsidized housing, an idea endorsed by the Minister of Public Infrastructure Renewal a few years ago. In 1999, Mr Caplan told the Guelph Mercury, and I quote: "The federal government has given the province $895 million more than they need for health care. That could be used for housing. That's a big chunk of dough." Yes, $771 million is a big chunk of dough. Ontarians deserve to know where it is and where it's going.

What about the proceeds of the Teranet sale? Even the Liberals realized this would generate significant revenue. That's why they talked about selling it during the election, until they realized it already had been sold. Teranet was sold for more than $300 million, yet in the finance minister's books, nearly $200 million of that revenue is missing. Where is this revenue totalling nearly $1 billion, or perhaps it would be more precise to ask, where are these dollars going to be spent next year? Ontarians have the right to know. The new government must come clean.

 

 

 

 

Ted Arnott © 2007