Nipissing MPP Vic Fedeli talks Ontario finances in St. Marys

“Waste, mismanagement and scandal.”

Nipissing MPP and provincial finance critic Vic Fedeli speaks at the Focus on Finance event in St. Marys Wednesday. (Laura Cudworth/Stratford Beacon Herald)

Those will possibly be the Conservative campaign buzz words in the next provincial election.

Nipissing MPP and finance critic Vic Fedeli repeated the mantra several instances all through a speak about the gloomy kingdom of Ontario’s finances on Wednesday at the St. Marys Golfing & U. S. A. Membership. The breakfast event, which became hosted through Perth-Wellington MPP Randy Pettapiece, drew about 20 human beings.

Fedeli can be journeying to other groups round Ontario to unfold the message in the course of “Focus on Finance” discussions as the Conservatives begin to gear up for the next election in years.

“We are a province mired in waste, mismanagement and scandal. Those are the three pillars the authorities is anchored on proper now,” he stated.

Fedeli focused on the unpopular sale of 60% of Hydro One by the province as proof of these three pillars.

“They will let you know it’s for transit,” he said. “Nobody will argue with the wishes of the province for transit and infrastructure. Having them tell you the sale of Hydro One is to offset transit and infrastructure is a complete fabrication.”

He stated the 2015 provincial price range laid out a plan for $one hundred thirty billion to enter transit and infrastructure, and a part of that money could come from gasoline tax and additionally some HST. The plan additionally entailed $3.1 billion in asset income such as GM shares and the sale of the LCBO warehouse.

The next year the Liberals reannounced $a hundred thirty billion for infrastructure and transit however then wanted the sale of Hydro One, he stated. He accused the authorities of gambling a shell game with Hydro One cash. To begin with it changed into put into infrastructure but due to the fact the cash changed into already there it changed into pulled out and then used to “falsely and briefly” lower the deficit.

“They are fluffing the books up for June 2018 so the deficit is falsely balanced,” he said.

He changed into additionally essential of the authorities’s dealing with of health care. Health center budgets were frozen for 4 years but charges continue to rise. As an end result, hospitals have cut frontline health care workers, which includes 1,four hundred nurses, he suggested. In his place of origin of North Bay the Health center closed 60 beds.

“The Health center is brand new. One-hundred and fifty-8 frontline health care employees are long gone from our Health center,” he stated.

He added the $345 million boom in fitness care isn’t always what it seems due to the fact cash from the Ontario Lottery and Gaming Agency that changed into once used for fitness care has been pulled out. The debt keeps climbing and charges hold to rise, he counseled. Hydro has long past up 20% in eight months. That sort of boom should have taken a decade, he stated.

“This month of July Ontario will hit $300 billion in debt,” he stated.

Whilst the authorities took workplace 13 years ago Ontario debt become $139 billion. The authorities doubled that in 10 years, he stated. The monetary responsibility officer has stated through the give up of this year the debt might be $308 billion, he brought.

“But the authorities could be very quick to inform you our deficit is the simplest going to be around $five billion.”

Fedeli urged members to talk up and allow their thoughts be recognised.

“Tell the government you’re onto them, you’ve got their number,” he said.

They had been also encouraged to visit www.Forontario. Ca to assist shape Conservative coverage.