Rookie Hudak's $4.5 billion hole

TORONTO, May 25, 2011 /CNW/ - Rookie PC Leader Tim Hudak has been making a lot of promises lately, but hasn't said where he'll find the money to pay for them. In fact, Hudak's reckless schemes total up to a $4.5 billion hole in his platform to date, and the only way he'll be able to fill it is to go after healthcare and education - which is what PCs always do whenever they get the chance.

The $4.5 billion hole in the PC scheme looks like this:

  • Eliminating HST on Hydro and getting rid of the PC debt retirement charge - $1.5 billion per year
  • Increased healthcare spending - $1.6 billion in the first year alone
  • Taking the HST off gas - $1.4 billion per year (at $1.18/litre)

So far, the only two things Hudak has suggested he'll do to pay for this reckless scheme is scrap LHINs and the OPA, which, combined will be worth about $120 million. That leaves almost $4.4 billion to go.

It's impossible to make up a gap that big without drastic cuts to healthcare and education. To put that in context, each of the following represents about $1 billion:

  • Laying off over 10,000 teachers
  • Reducing the number of doctors by approximately 4,000
  • Cutting funding for over 12,000 nursing positions
  • Eliminating funding for over 130,000 college students or 105,000 university students
  • Cutting funding for almost 21,000 Long-Term Care beds
  • Eliminating the $1100 per child Ontario Child Benefit, which would cut support for over one million Ontario children in 530,000 low-to moderate-income families across Ontario
  • Download (again!) to municipalities costs for welfare services (ODSP and OW) which are being uploaded to the province

Now take any of those four in combination, make them permanent, and you've only got $500 million more to go.

Rookie Tim Hudak - still making it up as he goes along.

SOURCE Liberal Caucus Service Bureau

For further information:

Fahim Kaderdina
fkaderdina@liberal.ola.org
416-325-9138


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