Port Stanley Foodland
BRENDA CREEDEN RE/MAX Sales
The Bluffs Golf Club
Flowers by Rosita
Port Stanley Cat Rescue
Port Stanley Library May 2018 Events

Port Stanley News RSS Feed  News Wynne Government Understates Deficit By Billions

News

Constituency Office of Jeff Yurek, MPP
Wynne Government Understates Deficit By Billions

Queen's Park - April 25, 2018 - Today, the Auditor General released a pre-election report on the government's budget numbers. The report found that Ontario's deficit is actually $11.7 billion, 75 per cent larger than the Liberals would have you believe.

"Once again we're reminded that this Liberal government will say and do anything in an effort to cling to power," said Elgin-Middlesex-London MPP Jeff Yurek. "This government is cooking the books in an effort to keep the people of Ontario in the dark."

In her report, the Auditor General's stated; "We concluded that the Pre-election Report is not a reasonable presentation of Ontario's finances … resulting in understated deficits." The auditor projects that deficit to be 85% higher at $12.2 billion, and 92% higher in 2020-21 — $12.5 billion rather than $6.5 billion as announced in the budget.

"The Ontario PC Leader Doug Ford has committed to a full audit of the government's books to restore responsibility, accountability, and trust in government," said Yurek. "It will give us the opportunity to finally see just how much damage this government has done to the province's finances."


Last Updated: Wednesday, 25 April 2018 17:48:06 PM EST

Follow Us

Sunday, May 20, 2018 | | Welcome Guest !

World's 1st Proportional Viewing News Web Site. February 5, 2008. Copyright © PortStanleyNews.com

Copyright © 2004 - 2018 Port Stanley News.com All Rights Reserved ISSN 1718-8695