Taxpayers release priorities ahead of Ontario budget

Author: Jay Goldberg 2023/03/17

Toronto, ON: The Canadian Taxpayers Federation is calling on the Ford government to keep the books balanced, control spending and reduce the sales tax when Finance Minister Peter Bethlenfalvy tables his budget next week.  

“Ontario had its first balanced budget in more than a decade last year and the Ford government should build on that success,” said CTF Ontario Director Jay Goldberg. “For too long, governments have put off difficult choices and borrowed more from future generations. The Ford government should show leadership and change course.”

The provincial debt has grown by $57 billion since Ontario Premier Doug Ford took office. Ontario now has nearly half a trillion dollars of public debt. Ontario currently spends $13.5 billion a year on debt interest. With that much money, Ontario could be building a new hospital every month. 

“Ford certainly didn’t start Ontario’s 15-year debt binge, but he’s played a part in it,” said Goldberg. “Now that the budget is balanced, Ford has a golden opportunity to begin to undo the damage that’s been done to the province’s finances by three successive governments and stop wasting so much cash on interest payments.”

With the government bringing in $20.2 billion more in tax revenue than it anticipated last year, the CTF is also calling on the Ford government to deliver relief to taxpayers.

“To help Ontarians struggling to deal with high inflation and soaring living costs, the Ford government should cut the HST,” said Goldberg. “A sales tax cut would benefit every taxpayer in the province and would help lower prices nearly everywhere taxpayers shop.”

A Note for our Readers:

As you may know, we're working hard to stop Prime Minister Trudeau's attempt to add a 2nd carbon tax upon Canadian taxpayers. If you are against this tax, would you take a moment today to read and consider signing the petition below?

When you do, your name will be added to the growing list of tens of thousands across our country who want to tell the government that we are opposed to these new taxes. Please take a moment to read the petition below and consider signing it today.

To Prime Minister Justin Trudeau:

The federal government is introducing new fuel standard regulations to require industry to reduce the carbon content of fossil fuels. If industry can’t meet the standard, they’ll have to pay Trudeau's second carbon tax. This tax will ultimately hit already struggling families and businesses.

It’s bad enough that taxpayers are already paying for one carbon tax. Canadians certainly can’t afford a second carbon tax.

We, the undersigned, call on Prime Minister Justin Trudeau to scrap plans for a second carbon tax.

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