Tory to McGuinty: Stop killing jobs and passing the buck

    Tory says McGuinty continues to show no urgency or concern about economy

    QUEEN'S PARK, Dec. 13 /CNW/ - Progressive Conservative Party Leader John
Tory today said Dalton McGuinty's "don't worry, be happy" approach to the
economy is going to lead to more broken promises.
    "What we're hearing so far about today's economic statement still shows
there is no sign Dalton McGuinty is going to make improving the economy a
priority," said Tory. "Here's what we can expect - continued high taxes, job
killing red tape, more buck passing and more broken promises."
    Tory made the comments in advance of the economic statement being tabled
today by the McGuinty government. "The fact the Liberals delayed calling the
Legislature back and kept it open for only eight days shows how out of touch
they are with the economic crisis facing many Ontario residents and
    The PC Caucus has repeatedly pointed to several examples of the economic
incompetence of the McGuinty Liberals during the short two-week legislative
session, including:

    -   Playing roulette with tax dollars on high risk investments and losing
        $200 million;
    -   Unaccountable year-end spending binges that rush money out the door,
        including a $32 million slush fund; and,
    -   Almost $1 billion in uncollected provincial sales tax, an increase of
        roughly 65% since 2000.

    "Our economic growth is slowing and Ontario's hard-working entrepreneurs
are being stifled by a punishing business environment," said Tory. "At a
minimum, today's economic statement must reduce taxes now; reduce the crushing
regulatory burden now; reduce interprovincial trade barriers - no more
studies; get going with expanded nuclear development to secure our energy
supply; and put forward a real people agenda now to address skills shortages
and underemployed skilled immigrants."
    PC Finance critic Tim Hudak added: "Ontario's economy needs a shot in the
arm to keep it from going downhill. Dalton McGuinty's policies have chased
150,000 high-paying manufacturing jobs out of the province and soon that
slowdown will lead to past promises that won't be kept."

For further information:

For further information: Brendan Howe, (416) 325-0412

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