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Decentralized Democracy

Hon. Todd J. McCarthy

  • MPP
  • Member of Provincial Parliament
  • Durham
  • Progressive Conservative Party of Ontario
  • Ontario
  • 23 King St. W Bowmanville, ON L1C 1R2
  • tel: 905-697-1501
  • fax: 905-697-1506
  • Todd.McCarthy@pc.ola.org

  • Government Page

Well, the Ontario Infrastructure Bank is consistent with the purpose of any bank, which is to make capital available more readily for important infrastructure investments.

To the point at the beginning of the question about affordability: Again, there’s technical legal language in the act which is exactly about “affordability,” even though the word isn’t there; it’s an extension of what is about affordability.

If you look at page 67 of the actual fall economic statement, it begins with “Keeping Your Costs Down,” “Putting Money Back in Your Pocket,” "a challenging time” in Ontario “amid high inflation”—and referencing, specifically, the gasoline tax cut of 5.7 cents per litre and the fuel tax by 5.3 cents per litre, “helping to lower consumer-price inflation.” I could give you lots of synonyms. But this is all about affordability for the people of Ontario.

I can tell you that not only will it go over well in my riding of Durham, but it is going over so well. I have received countless communications of support. It’s actually hard to pick one, because depending on who I’m speaking to on a given day—and we have the annual Santa Claus parade coming up in Bowmanville on Saturday. I’m looking forward to it for many reasons—including hearing more input from people’s favourites. I really can’t pick a favourite because so many people come to me with different ones. The increasing of the minimum wage, October 1, 2023; the improving Ontario Disability Support Program; the elimination of the licence sticker fees; helping seniors through the Ontario Seniors Care at Home Tax Credit—that’s probably one of my favourites, because I happen to have my mother-in-law living with us, for many, many years, and my mother in the summer, and I know how many families want to be able to do that. So that probably—if I have to pick a favourite—is my favourite one on affordability because it helps keep families and seniors together.

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