Waterloo Region Record

Billions in promises

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Re: Ford defends lack of full platform, says it will come before election day — May 30

The media and individual citizens have been asking Doug Ford to reveal a budget for his campaign promises.

There are indication­s in different parts of the PC website that give some details but no final summary.

As the PC website emphasizes that education in Ontario must return to emphasizin­g basic number facts, I offer my skills as a former math teacher to summarize Mr. Ford’s promises using numbers taken from the PC party website.

For year one, new costs would include: minimum wage increase, $558 million; child care, $389 million; new hospital beds, $186 million; Toronto subway, $1.25 billion; mental health, $380 million; addiction, $190 million; autism, $25 million; and environmen­t, $125 million. The total for these

new costs will be $3.1 billion.

In addition to new expenditur­es Mr Ford is promising tax reductions. For year one these reductions would include a 20 per cent tax reduction for people in the second tax bracket (cost, $2.2 billion); terminatio­n of the cap and trade tax ($1.9 billion); and reduction of the gas tax ($1.19 billion). The first-year loss of revenue would be $5.29 billion.

When the loss of revenue is combined with the increase in spending the net result is a potential deficit of $8.39 billion.

In addition, the PC website offers further promises for years two, three and four that would increase new spending to $3.13 billion and reduce revenue by $6.65 billion for a net deficit of $9.78 billion.

I suggest that it is time for Mr. Ford to explain how he plans to offset these deficits in order to balance the Ontario books. Gordon Nicholls

Kitchener

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