The 4 per cent solution
“The Ontario government is offering to help school boards in the riding of Stormont-Dundas-South Glengarry (SDSG) protect core public services for future generations by finding savings of four cents on every dollar spent.”
So says Conservative MPP Jim McDonell who notes that the province is “providing $7.35 million for large urban municipalities and district school boards interested in conducting a line-by-line review to identify potential savings while maintaining vital frontline services through the Audit and Accountability Fund.”
“We share local school boards’ goal of protecting what matters most to the people of Stormont-Dundas-South Glengarry,” says Mr. McDonell. “With the introduction of the Audit and Accountability Fund, we can help them find four cents on the dollar in savings to make sure we can provide sustainable public services for our children and grandchildren.”
Over 90 per cent of provincial spending goes towards funding school boards, hospitals, municipalities and other outside organizations.
“By providing resources through the Audit and Accountability Fund, the government is offering to help empower public organizations to work towards the shared goal of returning the province to fiscal balance while making sure vital programs and services are maintained,” the government says.
“In the 2019 Ontario Budget, Protecting What Matters Most, the government put forward a plan that sets Ontario on the right path to achieve savings of four cents on the dollar. The government’s plan also saw an increase in funding for health care and postsecondary education, supporting municipal transformation efforts, while moving forward on reducing the province’s debt burden.”
“Our government was elected to fix 15 years of Liberal mismanagement, put the province on a path to balance, and protect services like health care and education,” says Premier Doug Ford. “But the previous Liberal government was using the credit card to pay the mortgage and with interest payments costing our province $36 million a day, we can’t do it alone. We campaigned on finding four cents for every provincial dollar spent and we are asking our partners to do the same.”
“Municipalities and district school boards now have the tools they need to find real savings and protect what matters most to the people of Ontario,” said Premier Ford. “Our government is ready and willing to roll up our sleeves and work with anyone who shares our priority of returning Ontario to fiscal health.”