MPP Jim McDonell.
CORNWALL, Ontario - Local members of provincial opposition parties are slamming the governing Liberals for more of what they feel are misspending practices.
The Liberals re-introduced their budget this week, with spending increases that critics suggest could increase the debt burden on taxpayers.
"This is the same budget that the Liberals used to trigger the election and shore up their support base," said local Tory MPP Jim McDonell. “It is a political budget, not a practical one.
"The government is determined to ignore warnings from the financial and business community and pile on debt with no plan on how to repay it."
McDonell fears an increase in interest payments will create a financial firestorm.
"A one per cent increase in the interest rate charged on our debt will cost us $3 billion more per year, seriously endangering our ability to pay for essential services such as health care, education and support services for vulnerable Ontarians," he said.
Local NDP association president Brian Lynch suggested job creation is also being sold short.
"The budget fails to change the Liberal government’s policies on job creation which rely on corporate tax cuts and loopholes and no-strings- attached corporate giveaways," he said. "The Ontario NDP would reward businesses that create jobs and that invest in buildings, machinery, and equipment with tax credits.
"The Liberal government budget has no plans to protect front-line services in our hospitals or to provide more long-term care beds in the province.
Nor does the budget have plans to make life more affordable for everyday Ontarians such as reducing hydro bills, investing in more child care spaces, and freezing post-secondary education tuition fees."
The budget will be debated over the course of the next week in the legislature, but with a Liberal majority in power is almost assured of passing.