The Liberals’ Fall Economic Statement tries to paper over the province’s financial hole, says Perth-Wellington MPP Randy Pettapiece.
“Every year, the Liberals try to paint a rosy picture of the province’s financial health,” said Pettapiece. “But no one believes them anymore, because their projections, like their promises, just can’t be trusted.”
Two weeks ago, the province’s independent Financial Accountability Officer (FAO) reported that Ontario faces a $2.6-billion deficit in 2017-18, despite the Liberals’ repeated promises to balance the books the local MPP points out in a Nov. 14 press release.
Pettapiece believes any “balance” is purely artificial.
“They’re trying to spin the numbers to show a balanced budget in an election year,” he stated. The full text of the Fall Economic Statement can be viewed at fin.gov.on.ca/en.
