Ontario Minister of Finance Dwight Duncan's statement on the 2009 Federal Budget



    TORONTO, Jan. 27 /CNW/ -

    NEWS

    During this economic uncertainty, Ontarians, like all Canadians, expect
their governments to work together to help our families get through these
tough times.
    The McGuinty government is encouraged to see the federal government
recognizing the serious economic and fiscal challenges we face. There is a
marked change in the tone of the federal government and today's budget is a
step in the right direction.
    Today, the federal government has come to the table and has made the
much-needed infrastructure investments Ontario has been calling for. Ontario
has been making these investments and we are happy to see the federal
government heading in the same direction.
    In the last year, we have invested about 1.5 per cent of our gross
domestic product (GDP) in infrastructure spending and tax cuts.
    We appreciate that the federal government has moved to help Ontarians who
have been laid off in these challenging times. However, we will continue to
press for reform on Employment Insurance (EI). The average Ontarian still
receives $4600 less in EI benefits than unemployed Canadians in other
provinces.
    We look forward to working with the federal government and delivering our
Ontario budget in the weeks ahead that will lay out our plan for economic
recovery.

    
    In the last year, Ontario has invested:

    -   $9.9 billion in infrastructure
        -  $7.5 billion (of the $9.9 billion) in infrastructure projects that
           have already started
    -   1.5 per cent of Ontario's GDP has gone into stimulus
        -  $7.5 billion in infrastructure projects that have already started
        -  $1.5 billion in business tax cuts

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For further information:

For further information: Alicia Johnston, Minister's Office, (416)
325-3645; Scott Blodgett, Ministry of Finance, (416) 325-0324

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Ontario Ministry of Finance

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FEDERAL BUDGET 2009

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