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Ontario 2018 Election
This document provides a summary and analysis of policies from the NDP, Liberals, and PC parties in Ontario on issues related to the economy and public services. It includes sections on job creation, government spending, healthcare, education, municipal issues, hydro rates, taxes on the top 1%, and competitiveness. For each issue, it provides data and links to sources analyzing the impact and track record of each party. The author is a CPA who operates as a consultant providing financial solutions and analysis on various public policy issues.
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Ontario 2018 Election
- 1. 2018 – NDPLIBERALS PC - RECORD BY: PAUL YOUNG, CPA, CGA DATE: MAY 13, 2018
- 2. PAUL YOUNG -BIO • CPA, CGA (1996) • Financial Solutions (FOPM/FPM) • SME – Risk Management • SME – Close, Consolidate and Reporting • SME – Public Policy • SME – Financial Solutions • SME – Advance Technology and Market Entry • SME – Supply Chain Management • SME – Business Strategy and Restructuring Contact information: Paul_Young_CGA@Hotmail.com
- 3. AGENDA • Job Creation •Spending (Overall) • Blog – Healthcare • Blog – Education • Blog – Municipal Government • Blog – Hydro • Wealthiest / Top 1% • Competitiveness
- 4. JOB CREATION Source –Stats Canada • PC set policy in the 1990s that encourage investment. PC policies supported 114K net new MFG jobs. • Bob Rae had the worse job creation record over the past 28+ years • Horwath wants to hike corporate taxes by 1.5%. Horwath will not reduced red tape, eliminate the carbon tax, etc. • Wynne policies have done little to attract goods producing investment • Hydro hikes have cost over 75,000 mfg jobs - http://business.financialpost.com/opinion/75000-manufacturing-jobs-lost-thats-the-price- of-ontarios-electricity-disaster • Magna Automotive has warn the Liberals their policies are killing them -
- 5. GOVERNMENT SPENDING Source –Ministry of Finance • Mike Harris dealt with cuts to transfers - https://www.policyalternatives.ca/publications/monitor/beware-canadian-austerity-model • Wynne and her government have added more overhead to govt. Doctors and Nurses have complain that money is not making it through the system - https://globalnews.ca/news/4120816/ontario-doctors-say-government-mismanagement-to- blame-for-broken-health-care-system/ • Bob Rae also never fixed healthcare. In fact funded healthcare as % total government spending less than either Harris or Wynne. Horwath never mentioned Rae in her election campaign, why?
- 6. BLOG – HEALTHCARE • •http://lfpress.com/news/local-news/hallway-medicine-starts-in-overcrowded-london- hospitals-may-1 • https://www.slideshare.net/paulyoungcga/healthcare-crisis-in-canada-april-2018 • New funding does not mean it gets to patient - https://www.simcoe.com/news- story/6945785-barrie-s-rvh-could-pay-more-than-180k-extra-for-hydro-next-year/ or http://ottawacitizen.com/news/local-news/it-is-a-failure-on-many-levels-ontario- failing-to-adequately-support-the-elderly-critics-say • MRI Wait time - https://youtu.be/5lD6TMEjyfk • Wait times - https://www.thestar.com/news/canada/2018/04/12/ontario-follows- national-trend-on-wait-times-for-medical-procedures.html • Nurses have seen job cuts - https://www.thespec.com/news-story/8109542-ontario- nurses-walk-away-from-contract-talks/ • Overcrowding - http://www.cbc.ca/news/canada/toronto/hospital-overcrowding-leaves- patients-in-hallways-despite-addition-of-beds-1.4438907
- 7. BLOG - EDUCATION •OntarioNDP @AndreaHorwath @ontario_liberal • • https://www.slideshare.net/paulyoungcga/election-2018-education-ontario-may-2018 • • http://www.cbc.ca/news/canada/toronto/tdsb-enrolment-reductions-1.3485322 • Your only solution is to keep schools open, right? • https://www.yorkregion.com/news-story/8601384-richmond-hill-ndp-candidate-calls-for-15-cut-to-teacher- salaries/ • Rural schools • https://www.thestar.com/yourtoronto/education/2017/05/04/121-ontario-schools-slated-to-close-report.html • Teacher compensation - https://www.theglobeandmail.com/news/national/education/anatomy-of-an-ontario- teachers-paycheque/article6015968/ • Education cuts • https://www.insidehalton.com/news-story/5474356-public-school-board-cuts-hundreds-of-teaching-jobs-to-balance-budget/ • https://cupe.on.ca/niagara-catholic-district-school-boards-plans-cut-front-line-school-board-workers-will-impact-services- says-cupe-1317/ • • I am all about solution, but do not tell me that your platform is about the student, because it is not!
- 8. MUNICIPAL GOVERNMENT 1. Thegrants are from the gas tax and build Canada fund 2. Many municipalities are struggling with a broken arbitration system - http://business.financialpost.com/opinion/the-ontario-laws-that- force-cities-to-keep-spending-more-on-unionized-workers 3. Towns that switch to OPP see costs go up - http://www.haliburtonecho.ca/opp-costs-too-high 4. Economic development – http://www.windconcernsontario.ca/municipalities-demand-halt-to- wind-power-development-in-ontario/ or https://www.theglobeandmail.com/opinion/is-ontarios-land-plan- driving-housing-prices-higher/article31894191/ 5. Municipal Pensions – 94% funded. There are risks as real estate likely will not see 11.5% return as real estate prices are falling across Canada. - https://www.omers.com/News/Corporate_News/OMERS- reports-2017-investment-return-of-11-5 Source - https://www.slideshare.net/paulyoungcga/2018-ontario- election-municipal-issues-may-2018 • Municipal unions are large contributors to election campaigns • Municipal jobs are controlled by the municipal government • OPP costs are controlled by the provincial government • 95% of a municipal budget comes from local sources.
- 9. BLOG – HYDROHere is what I told a liberal supporter: Liberal supporter, So, Fraser Institute is wrong, right? So, is the AG report wrong as well? http://www.auditor.on.ca/en/content/news/11_newsreleases/2011news_3.03.pdf Ontario AG http://www.auditor.on.ca/en/content/specialreports/specialreports/FairHydroPlan_en.pdf or http://www.cbc.ca/news/canada/toronto/ontario-hydro-auditor-general-report-fair-hydro- plan-wynne-1.4358168 I have done my own work through reviewing different information and high hydro rates have driven out business - https://www.slideshare.net/paulyoungcga/failed-clean-energy-policies- ontario-wynne-and-mcguinty Ontario businesses are at the breaking point with the Liberals as they have seen carbon taxation, elimination of EHT threshold, high hydro rates, planned hikes to minimum wage, etc. Business can adjust to government policies, but not when they continue to be slammed by Wynne with bad after bad policy! Jobs replaced by manufacturing have been lower in pay, like retail/transportation/etc. https://beta.theglobeandmail.com/report-on-business/economy/census-2016-statscan- income/article36242392/?ref=http://www.theglobeandmail.com&
- 10. TOP 1% -TAXING Canada has series of programs that moved income from the federal government which are called the federal transfers - https://www.fin.gc.ca/access/fedprov-eng.asp. The new transfer agreement ties federal transfers to GDP - http://evidencenetwork.ca/archives/26746 The new Premier John Horgan who does not support Kinder Morgan is asking the federal government more CST money for daycare - https://www.theglobeandmail.com/news/british-columbia/bc-ndp-looks-to-federal- government-to-help-fund-childcare-plan/article37012357/. Kinder Morgan delays are costing $73B of new exports of oil over the next 20 years or about 3.6B/annual in export revenue for oil companies. I am all for a good debate on changing transfer policies, but not when it is strictly about give me more money. The debate should be about how do we grow the economy. It is not by dropping carbon completely out of the economy. https://www.slideshare.net/paulyoungcga/carbon-free-economy-canada-november-2017 Top 1% pay over 20% of the federal income tax. Source - https://www.slideshare.net/paulyoungcga/wealth-distribution-canada-november-2017
- 11. COMPETITIVENESS Who you arefooling, @Bill_Morneau? @PierrePoilievre https://www.slideshare.net/paulyoungcga/c ost-competitiveness-canada-april-2018 https://www.bnnbloomberg.ca/morneau- fires-back-on-canadian-competitiveness- warnings- 1.1071934#_gus&_gucid=&_gup=twitter&_g sc=OZ7Pz8J You never discuss jobs by sector, why? Could it be that goods producing jobs in natural resources, mfg, etc are not growing the same rate as construction and service sector? 1. Employment made be low, but the jobs created are not goods producing areas like natural resources and manufacturing 2. Exports are flat with USA and yet USA economy is growing at 2.5% range 3. NAFTA has not been settled 4. Canada lacks the export capacity. 5. Smoke and mirrors on Kinder Morgan as there court cases 6. USA manufacturing is growing both employment and investment as compare to Canada Manufacturing which is struggling to create jobs and get investment 7. Liberals campaign was to get goods to market. So, what major new investment and trade deal did they sign? 8. Hydro Rates are a big issue 9. carbon taxation and its role in terms of costs 10. CPP hikes are set to kick in 2019 which he also never mentioned. 11. Business invest where they can get the ROI. The fact is FDI is going elsewhere, especially goods producing sector. All Morneau said FDI is up. FDI maybe up in areas like commercial, but not industrial.