Ontario’s Finance Minister Expected to Respond to Seniors Concerns in Budget

Charles Sousa says Ottawa shows a lack of leadership and courage in delaying improvements to the Canada Pension Plan.

Below is an article posted by the New AM 740 Zoomer Radio on April 23, 2015. Click here to read the article.

“We’ll be looking for better home care, affordable housing issues, reduced utility costs, and so on,” said Susan Eng of CARP – A New Vision of Aging, ahead of today’s Ontario budget.

Finance Minister Charles Sousa will announce the provincial blueprint at 4 this afternoon and it appears he’s been listening to the concerns of advocacy groups such as CARP.

“I believe families will like it, because what families want is to ensure they get a good start in life for their kids, to ensure they have security with their jobs, and also to make certain we’re taking care of their moms and dads as they get older.  It’s all about protecting people’s quality of life,” Sousa explained.

Sousa is expected to provide an update on the Made in Ontario pension plan during today’s budget.  But Premier Kathleen Wynne says the focus will be on the sales of crown assets to pay for billions of dollars in new transit and infrastructure projects.

Wynne announced last week the Liberals plan to sell 60 percent of Hydro One and implement a new tax on beer as the government prepares to spend $130 billion over 10 years on transit, roads, bridges and other infrastructure.

“They need to start using their debit card instead of their credit card,” warned Progressive Conservative Finance Critic Vic Fedeli.  “Even though the deficit last year was $10.9 billion, we actually added $20 billion to our debt, and that is because the borrowing that we do for infrastructure is added at the end.  So our borrowing is actually $20 billion last year.  You’ll see that in the budget.”