John Tory's $1.1 Billion Dollar Mistake



    TORONTO, Sept. 25 /CNW/ - John Tory says he would pay for his $1.1
billion in new transportation promises by spending all of the province's gas
tax revenue on transit and roads.
    Tory's challenge is that the McGuinty government already invests all of
the gas tax and more on Ontario's transit and roads.
    Oops. So exactly how will John Tory fix his $1.1 Billion mistake?
    
        Would he break his promise and not expand transit?

        Would he raise gas taxes by an additional 7 cents (the equivalent of
        $1.1 billion)?

        Would he cut elsewhere (adding another $1.1 billion to the
        $1.5 billion in unexplained cuts he is already using to fund his
        irresponsible tax cut)?
    

    This is just the latest example that proves that John Tory hasn't thought
things through. Math matters.

    
           Statement of Liberal Transportation Spending and Revenue
           --------------------------------------------------------

    Gas Tax Revenue                      $2.4 billion    Budget 2007 page 165
    Fuel Tax Revenue                     $741 million    Budget 2007 page 165
                                         --------------
    Total Revenue                        $3.141 billion

    Transit Infrastructure               $992 million    Budget 2007 page 167
    Highways Infrastructure              $1.703 billion  Budget 2007 page 167
    Other Transportation Infrastructure  $30 million     Budget 2007 page 167
    Highways Operation and Maintenance   $277 million    Estimates 07/08
                                                         page 404
    Road User Safety (RUS)               $150 million    Estimates 07/08
                                                         page 401
    GO Transit Operating Subsidy         $41 million     Estimates 07/08
                                                         page 398
    GTTA                                 $6 million      Estimates 07/08
                                         --------------  page 398
    Total Expenditure                    $3.198 billion
    

    NOTE: All of this is in addition to the $17.5 billion MoveOntario 2020
plan to expand transit across the GTA and Hamilton. John Tory refuses to
commit to these projects.




For further information:

For further information: Ben Chin, (416) 961-3800 ext. 412,
ben_chin@ontarioliberal.ca

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