Cross-posted from Eye Daily.
$2.3 billion: the unexpected surplus Queen’s Park collected in the last fiscal year
$1.4 billion: the deficit that was originally expected
$750 million: the province’s projected surplus for this fiscal year
$575 million: Toronto’s projected fiscal gap for next year
$38 million: the amount Toronto will receive next year from Queen’s Park if the Liberals are re-elected and McGuinty follows through on his promise to upload disability support payments and drug benefits
$217 million: the amount the above promise would generate for Toronto over 4 years
$221 million: the amount Toronto would save next year if the NDP won the election and followed through on their promise to upload social services and help fund transit
$400 million: the amount Toronto would receive from the NDP over 4 years
$4 billion: the amount of property taxes collected across Ontario that fund provincial social services including welfare, housing for the poor, social assistance drug costs, public health, ambulance, day care and senior services
$350-$400 million: amount the Green Party would give Toronto (revenue would be raised through a tax shift that would raise the equivalent amount from “pollution taxes†or a carbon tax)
TBA: amount the Conservative party of Ontario is promising Toronto next year. Predictions, anyone?
photo by Bouke Salverda
One comment
you can tell there is an election when everybody promises to buy us with our own money. I feel this city will start passing tax after tax after tax and even then we will find that at the end of four years we will be at least 1 billion dollars in debt.This council will never learn a lesson, and any provincial party doesn’t get it(or should I say they really don’t want to say).I experienced this during the municipal election, the story was clear from the toronto ndp party, there was no financial problems and there would only be a cost of living property tax hike.Well the three parties sound like they are going down the same road. I guess they figure that it is easy to fool the taxpayers of this city.If this city votes ndp well then that message speaks for itself, this city is full of……
ok I’ll leave it I’m off to the election and it’s time to go door to door to go through it all again.I hope the people have learned their lesson.