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Stephanie Bowman

  • MPP
  • Member of Provincial Parliament
  • Don Valley West
  • Ontario Liberal Party
  • Ontario
  • Suite 101 795 Eglinton Ave. E Toronto, ON M4G 4E4 sbowman.mpp.co@liberal.ola.org
  • tel: 416-425-6777
  • fax: 416-425-0350
  • sbowman.mpp.co@liberal.ola.org

  • Government Page
  • Mar/28/24 2:20:00 p.m.

Well, a positive outlook is good, but it’s at risk. Credit agencies will be looking at this. As I said, they’ll be looking at it right now and the positive outlook is at risk.

We’re still only ranked, I think, fifth of the provinces in terms of our overall debt rating. I think that the member opposite has forgotten that it was this government that balanced the budget several times during their term. That government did it once. Now they’re forecasting future deficits and almost a $10-billion deficit when they had forecast a surplus.

The margin of error here is astounding, and that’s what I’m talking about when I talk about their ability to forecast and do the right things for the people of this province by spending money on public services instead of making their rich friends richer.

Yes, you know, it does cause chaos. It’s just one more example of this government flip-flopping. They seem to talk about working and collaborating with leaders of all stripes, and yet when our leader, Bonnie Crombie, became the leader, they quickly, immediately announced the reversal of their decision to dissolve Peel. That does create uncertainty.

It also creates a lot of wasted work. The civil servants are sitting there, working on how to make this plan work, how to make things more efficient, how to make planning processes more efficient so we can get housing built, and instead they’re thrown into the middle of a political fight.

But we also know that private nursing agencies are making a lot of money. And who owns those private nursing agencies? Friends of this government.

We know that long-term-care homes are getting more money. Who owns those for-profit long-term care homes? Friends of this government.

So, Speaker, I recognize that there are services being delivered, but we also know that there is a priority around making their rich friends richer. Whether it’s the greenbelt, the 413, the Therme spa, there’s a record here and the record speaks for itself.

Speaker, when you’re spending money and you’re giving a profit to for-profit businesses with taxpayer money, that’s the problem I have with this deficit. At least half a billion dollars of the deficit is going to private agency nursing homes. We don’t know how much of the deficit is going to profit long-term-care homes, but I know it’s significant. We now have private clinics operating in this province; they need to make a profit. That profit comes at the expense and out of the pockets of taxpayers. That’s the problem I have.

When Liberal governments had deficits, it’s because we were spending on things like making sure that students had affordable access to university. We were making sure that there was rent control in place to protect tenants. We were making sure that student nutrition programs were well funded so kids weren’t going to school hungry. Those are the kinds of things that it makes sense to have a deficit on because then you’re actually helping the people of Ontario and not your rich insider friends.

539 words
  • Hear!
  • Rabble!
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