We’ll pay the price for McGuinty’s Fall Economic Update

For Immediate Release:
November 18, 2010

Queens Park – The release of Ontario’s Fall Economic Statement, portends Ontario families will continue to pay the price for Dalton McGuinty’s job-killing tax hikes, costly energy experiments, fiscal mismanagement and scandals.

“This government continues its legacy of fiscal mismanagement – spending $2.1 million more every hour than what they collect in revenue,” fired Barrett. “Electricity rates have gone from 4.3 to 7.5 cents per kW/h – up 75 per cent under the McGuinty Government – and now they are taking even more taxpayers money to give it back to them in a 10 per cent bribe.

“That doesn’t cover the HST they slapped on over the summer.” Barrett quipped. “It won’t take Ontario ratepayers long to see through this blatant attempt to buy off voters less than a year ahead of a provincial election.”

In his response to the Economic Statement, Opposition Leader Tim Hudak noted that under the McGuinty government, Ontario families are working longer and harder, but getting less in return.

Finance Minister Duncan crowed about a lower than expected deficit. “Only with McGuinty Mathematics is an 18 billion dollar deficit seen as a good thing,” Barrett stated. “It’s no wonder the Fraser Institute ranked Dalton McGuinty, who has overseen the largest tax increases in Ontario’s history, as the worst fiscal manager amongst all Canadian Premiers.”

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For more information, please contact MPP Toby Barrett at
(519) 428-0446 or (905)-765-8413, 1-800-903-8629