Leader's News Release
MCGUINTY LIBERAL BUDGET HAS ONTARIO’S ECONOMY HURTLING
DOWN THE WRONG TRACK: TORY
(Toronto, ON) Ontario Progressive Conservative Party Leader John Tory today said that Dalton
McGuinty’s fifth budget is a missed opportunity, as it provides no relief from the high taxing, heavy
regulating policies that have Ontario’s economy speeding down the wrong track.
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Budget Highlights
DALTON MCGUINTY’S 2008 WRONG TRACK BUDGET
• This Budget projects revenues of $96.9 billion up 41% or $28 billion since 2003.
• This Budget projects program spending of $87.3 billion up 48% or $28.2 billion.
• Revenue for 2007-08 is up $5.1 billion from the 2007 Budget and program spending
is up nearly $5 billion or 10% relative to the 2007 Budget plan.
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Reaction to the Budget
McGuinty’s Wrong Track Budget - The Verdict Is In
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