Listen Live
HomeNewsFedeli: Much Higher Taxes Could be on the Horizon to Make up...

Fedeli: Much Higher Taxes Could be on the Horizon to Make up for Deficit

- Advertisement -

Tory finance critic Vic Fedeli says Northern Ontarians can expect more cuts and higher taxes.

Fedeli says that’s the only way the Wynne Liberals can handle a projected deficit of 3.5 billion dollars in 2018.

The Financial Accountability Officer says the Liberals have over-estimated Ontario’s growth which will create the shortfall in 2018.

Fedeli isn’t surprised by the numbers because he’s been warning the Liberals for years that they’re various policies would create a financial mess.

As proof that expensive power is driving business out of Ontario, Fedeli says a businessman in Southwestern Ontario built a 100 acre green house in Ohio where power is cheaper and created 100 jobs for Americans.

Story by: Rocco Frangione

- Advertisement -
- Advertisment -
- Advertisment -
- Advertisment -

Continue Reading