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Fedeli Taking Shots at Cap and Trade Program

The Tory’s finance critic says the Wynne Liberals have been caught again over how they are artificially reducing the deficit.

Vic Fedeli says they used the sale of Hydro One to lower the deficit and next they’ll use the 4.3 cents a litre cap and trade gas tax to do the same thing.

Fedeli says in a complex move, the Liberals first allocated billions of dollars into infrastructure projects.

Then as they start collecting the cap and trade tax, those funds will go the infrastructure projects and the original allocation is removed.

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Fedeli says the original allocation will be used to reduce the deficit, but this only works for two years.

Fedeli made the claim during a news conference Monday at Queen’s Park.

Story by: Rocco Frangione

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