SoVote

Decentralized Democracy

Ontario Assembly

43rd Parl. 1st Sess.
April 8, 2024 09:00AM

I want to thank the member for Don Valley West for her presentation. I’m wondering, because I know the member has expertise in financial management and a financial background, and you’ve commented a lot on what you believe to be the deficiencies from a financial perspective in the government’s budget—spending a whole lot, as the member from Ottawa South often likes to say, for not a lot.

Transit: I’m looking at a government that—unless you look at the city of Toronto, thanks to Mayor Olivia Chow—we don’t have a lot of money for operating the buses that we operate in many of our municipalities. Certainly in Ottawa, we’re 74,000 service hours short for OC Transpo this year because of government cutbacks. But meanwhile, the cost of building transit under the Conservative government has climbed to a billion dollars per kilometre for the Ontario Line, that I know you care about in this city. The Eglinton West Crosstown: 3 years overdue—a billion dollars over budget.

Can the member talk about the financial mismanagement of transit projects under this government and, from your perspective in Don Valley West, how much would putting more money into transit operating funds all over the province matter to you?

214 words
  • Hear!
  • Rabble!
  • star_border

Thank you to the member for the very good question. The answer is no, Speaker. In fact, I provided some suggestions to this government about things that would do exactly that—for example, Digital Main Street, and extending that program beyond the current fiscal year. That would help Ontario small businesses grow and expand. Instead of spending money on highways and long-term-care homes through their $3-billion bank that they’re now calling a fund, they could have taken that money, as I suggested, as my caucus suggested, to spend it on things that do help us transition to the green economy; things that will advance our work in innovation in health care, in genomes and in lots of areas where we have the opportunity to create new jobs in the new industries of the future and drive productivity growth for our province.

When I talk to people in the business world, they talk about the concerns that people have in our province, the concerns that capital owners have for our province, when they say people don’t have a place to live, and how can we hire skilled workers here and retain our workers when they don’t have an affordable place to live?

Those are the kinds of things that do not drive economic growth. We need to make sure our institutions are well-funded, that our post-secondary institutions get the money they need to provide the education they need to advance our productivity growth into the future.

253 words
  • Hear!
  • Rabble!
  • star_border