Here are the highlights from Progressive Conservatives’ first budget in 15 years
Premier Doug Ford ran on a promise to balance the province’s books. His government’s budget, the first for Ontario’s Progressive Conservatives in 15 years, does chart a path to balance, but it will not come until after the next election. That’s only one year earlier than the Liberals’ projections during their budget last year.
The government is also introducing a “Premier and Minister’s Accountability Guarantee,” which would trim the premier and finance minister’s salaries by 10 per cent if fiscal reporting deadlines are missed.The budget announces new regulations for alcohol consumption and plans to expand the gambling industry.
The budget also has new details on how the government will prequalify operators looking to open retail cannabis stores. It notes the criteria could include such things as the payment of a fee, submission of financial information and corporate structure, criminal and other background checks, and information on ownership interests in cannabis stores.The government plans to create a minister’s task force on school boards to find efficiencies in how the four publicly funded systems operate.
Universities and college receive about $5-billion in operating grants from the government and only a small proportion – 1.4 per cent for universities and 1.2 per cent of colleges – is tied to performance outcomes, which includes employment and graduation rates. Collapsing the existing public health units – which track vaccinations, guard against infectious diseases and promote healthy living – into 10 regional bodies by 2020-21 is the latest move by Ontario’s government to centralize the $63.5-billion health-care system.
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