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