Provincial budget will focus on building Ontario

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The Ford government is expected to release a budget focused on building Ontario on Thursday with “ambitious” investments in highways, public transit, hospitals and long-term care beds.

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“I think this is a budget that wears work boots and carries lunch buckets,” a government source told the Toronto Sun. “This is one of the most ambitious capital plans in Ontario’s history.

The tax plan will focus on jobs and workers, their families and the cost of living. It’s unlikely to hold any big surprises, as Premier Doug Ford and his ministers have spoken about these issues province-wide.

The budget will include a plan to keep Ontario open in the future, the source said.

“It’s really about creating jobs, reducing costs for families and building for the future,” the source said. “The government has spoken about its priorities, and the budget is true to all of that.”

Finance Minister Peter Bethlenfalvy will release his budget around 4 p.m. Thursday and, using the budget as a campaign platform, the Progressive Conservatives will head into the campaign trail without passing supporting legislation.

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If one of the opposition parties wins the government, the budget document should be rewritten to reflect the priorities of the winning party.

Ontario’s Financial Accountability Office (FAO) released a report on the state of the province’s books earlier this month.

Although the FAO report is based on information available up to March 28, it concluded that the province is on track to balance the books by 2023-24 and record a surplus of $7.1 billion. dollars by 2026-2027.

The Canadian Taxpayers Federation’s (CTF) debt clock shows Ontario is nearly $446 billion in the red after years of deficit spending.

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The CTF called on Ford to honor its 2018 election promise to provide general income tax relief.

The Ontario Chamber of Commerce (OCC) said its top four demands from the budget are no harmful taxes or measures that negatively impact businesses, measures against labor shortages and interprovincial trade, a strengthened health care system and targeted business supports with access to government markets.

The Ontario Federation of Labor (OFL) is launching a province-wide campaign on Sunday to highlight its priorities ahead of the June 2 vote, including a $20-an-hour minimum wage and the repeal of the proposed government law 124 which capped salary increases in the public sector.

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