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No more government cash for Ontario companies, Doug Ford says

May 14, 2018 4:45 PM
31 0

Instead, the Progressive Conservative leader plans to lower business taxes, stabilize business hydro rates, and cut red tape.

NIAGARA FALLS, ONT. — The honeymoon is over when it comes to companies getting government cash in Ontario, Progressive Conservative Leader Doug Ford said Monday on his way to visit a firm that got millions in federal aid.

It’s not fair that some companies enjoy financial assistance from taxpayers while others don’t, Ford added on a campaign swing through wine country in the June 7 election campaign.

“Instead of picking winners and losers we’re going to lower business taxes for everyone, we’re going to stabilize business hydro rates, we’re going to cut red tape and we’re going to bring good jobs back home,” he said on a hotel terrace overlooking the horseshoe falls.

Ford slammed Kathleen Wynne’s Liberal government for selling surplus electricity to neighbouring jurisdictions at a loss and said Ontario companies should be able to benefit from that cheap hydro, although he did not explain how rate structures would be altered to accomplish this.

“If we’re going to give incentives to anyone, we’re going to give incentives to the companies here in Ontario...rather than benefitting our U.S. neighbours, our U.S. companies, that are taking your jobs.”

Source: thestar.com

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