HomeNational

Rob Ford slams Ontario budget

By: The Canadian Press

 | Jul 15, 2014 - 3:57 PM |
TORONTO - Toronto Mayor Rob Ford is slamming the Ontario budget, saying the governing Liberals aren't serious about slaying their $12.5-billion deficit.

But Finance Minister Charles Sousa says Toronto is getting billions of dollars from the province and Ford is asking for more money.

The budget included a promise to spend $130 billion on infrastructure over a decade, including $29 billion for public transit and transportation projects.

Sousa says Ford is getting more money from the province than the federal government, which should be committing more funds for infrastructure projects.

In his statement, Ford says he's pleased there's more money for infrastructure in the budget, but he's "highly concerned" that the Liberals don't seem to have a plan to reduce spending and find efficiencies.

He says there's no proof that the province is actually committed to eliminating its $12.5-billion deficit because the budget actually increases the shortfall.

Ontario's debt stands at a "staggering $289 billion," Ford said in a statement.

"That is over $22,000 of debt per Ontario resident," he said.

"Meanwhile, the 2014 provincial budget does nothing to reduce this burden. Instead, the province plans on adding an additional $20 billion to its already crippling debt load."

Toronto's credit rating and outlook remains strong, while debt rating agencies are putting Ontario on watch about a possible downgrade, said Ford, who is campaigning for re-election in October.

"At the City of Toronto, I have shown that we can drive efficiencies and reduce the burden on taxpayers, while still investing billions of dollars in important infrastructure needs."

Ford returned to city hall two weeks ago after spending two months in rehab to cope with substance abuse problems.

Reader's Feedback

NorthernLife.ca may contain content submitted by readers, usually in the form of article comments. All reader comments and any opinions, advice, statements or other information contained in any messages posted or transmitted by any third party are the responsibility of the author of that message and not of NorthernLife.ca. The fact that a particular message is posted on or transmitted using this web site does not mean that NorthernLife.ca has endorsed that message in any way or verified the accuracy, completeness or usefulness of any message. We encourage visitors to NorthernLife.ca to report any objectionable content by using the "report abuse" link found in the comments section of this web site. Comment Guidelines


comments powered by Disqus

Most Popular

Local Business Directory