EN FR

Taxpayers Federation applauds Ford government’s surplus announcement, calls for tax relief

Author: Jay Goldberg 2022/09/23

Toronto, ON: The Canadian Taxpayers Federation is applauding the Ford government for running a surplus in the 2021-22 fiscal year instead of a previously projected deficit.

“Today’s budget update is great news for taxpayers,” said CTF Ontario Director Jay Goldberg. “The Ford government has balanced the books, which is good news for future generations. A balanced budget means less debt and more room for taxpayers’ priorities.”

The Ford government announced that Ontario ran a surplus for the first time in 14 years for the 2021-22 fiscal year. Finance Minister Peter Bethlenfalvy projected a deficit of $13.5 billion earlier this year, but the province ended the year with a $2.1 billion surplus.

The CTF is now calling on the Ford government to make its temporary gas tax cut permanent.

“With a surplus of over $2 billion, now is the time for the Ford government to keep its long-standing promise to permanently lower the provincial gas tax,” said Goldberg. “With sky-high inflation and scheduled annual federal carbon tax increases until 2030, Ontarians desperately need permanent relief at the pumps.” 


A Note for our Readers:

Is Canada Off Track?

Canada has problems. You see them at gas station. You see them at the grocery store. You see them on your taxes.

Is anyone listening to you to find out where you think Canada’s off track and what you think we could do to make things better?

You can tell us what you think by filling out the survey


Join now to get the Taxpayer newsletter


You deserve to know the real story about what happens to your tax dollars. We expose funny and infuriating stories about governments wasting money on stupid things. And we hold politicians accountable because taxpayers deserve transparency.

You can get the inside scoop right from my notebook each week so you can hold politicians accountable for hilarious and infuriating stories the media usually misses. You can sign up for the Taxpayer Update Newsletter now.
— Franco Terrazzano, Federal Director

Looks good!
Please enter a valid email address

We take data security and privacy seriously. Your information will be kept safe.

<