Ontario's Fifth Balanced
Budget Makes the Right Choices for the Future, Says
MPP Dunlop
FOR IMMEDIATE RELEASE
March 27, 2003 (Queen's Park) – Simcoe
North MPP Garfield Dunlop announced today that
despite times of global uncertainty, the Eves
government is taking steps in its 2003 Budget
to keep Ontario"s economy and job growth
strong. Delivered at 4 pm today by Finance Minister
Janet Ecker, Budget 2003 is the government"s
fifth consecutive balanced budget.
"At a time when provinces and states across
Canada and the U.S. are facing deficits, we must
remain cautious," said Dunlop. "But
we must also continue to focus on balancing budgets,
lowering taxes, cutting waste and investing your
tax dollars wisely in priorities such as health
care, education and strong communities."
Cutting taxes to create jobs and stimulate the
economy is high on the Eves government"s
priority list in the 2003 Budget. Knowing that
tax cuts are the key to opportunity and prosperity,
the Eves government is following through on its
promise to cut both personal and business taxes.
"We are completing the additional 20 percent
reduction in personal income taxes to leave more
money in the pockets of hardworking Ontarians,"
said Dunlop. "For a typical two-income family
of four making $60,000, the new personal income
tax cuts announced in the budget mean a tax reduction
of over $2,100 this year, rising to more than
$2,500 next year."
By investing almost $2 billion additional dollars
in health care, the Eves government continues
its commitment to our publicly funded health care
system – a system that is universally accessible
to all Ontarians with an OHIP card.
"In this year's budget, the Eves government
continues to address what Ontarians want most
from their health care system – more doctors
and nurses, shorter waiting lists, increased access
to diagnostic testing, better support for mental
health, and a stronger focus on keeping people
well," said Dunlop. "It also includes
an historic commitment of $1 billion to establish
a new Cancer Research Institute of Ontario."
The budget recognizes that education is a top
priority of Ontarians, and the Eves government
will spend a record $15.3 billion as it follows
through on its promise of stable, multi-year base
funding for Ontario"s schools.
"The people of Ontario have told us that
they want each of our students to achieve their
full potential," said Dunlop. "We listened
to Dr. Rozanski's recommendations and acted quickly
to commit $875 million in new funding to better
support special education, teacher salaries, transportation
and textbooks. Over the next three years, we will
provide an additional $1.1 billion to implement
the rest of Dr. Rozanski's recommendations."
In preparation for the double cohort, the Eves
government will also create 20,000 new student
spaces, for a total of 135,000 new places, in
Ontario"s colleges and universities.
The budget also accommodates the need for more
skilled workers throughout the province. The Eves
government will invest $90 million in our high
schools over the next four years to renew technological
equipment, train teachers and develop partnerships
with employers and colleges. The government also
plans to create a new refundable Apprenticeship
Tax Credit for employers.
"I was honoured to be recognized on page
12 of the Budget Speech for the report I released
last year on technical and vocational training,"
said Dunlop. "In this report, I emphasized
that the need for skilled workers starts right
in our high schools. In addition, I have been
a strong advocate of the proposed Apprenticeship
Tax Credit which would encourage businesses to
hire and train more skilled workers."
Contact:
Garfield Dunlop
(705) 327-4500 (cell)
|