Doug Ford is Ontario's new premier. Here's what that means for your wallet

Doug Ford is Ontario's new premier. Here's what that means for your wallet

The PCs’ plan for hydro bills, childcare and more

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Here’s a rundown of Doug Ford and the PC Ontario’s campaign promises around work and taxes, hydro, healthcare, tuition and child care you should be aware of:

Work and taxes

Progressive Conservative Party of Ontario

  • Ford, who has pledged to scrap the Liberals’ planned minimum wage hike from $14 to $15 next year, would introduce an income tax credit for workers earning minimum wage so that anyone making less than $28,000 a year would pay no income tax.
  • Cut corporate tax rates from 11.5 to 10.5 per cent in an effort to attract new businesses to Ontario
  • Use a tax rebate program to cover up to $6,750 for childcare costs—lower-income families would receive 75 per cent of child-care costs back
  • Mused he could abolish the 15 per cent non-resident buyer tax on real estate introduced last year
  • Cut middle-class income taxes by 20 per cent for those earning $42,960 to $85,923 annually, but Ford unclear how it will be paid for
  • Cut gasoline taxes by 10 cents a litre by ending the 4.3 cent a litre carbon tax along with a 5.7-cent reduction in the province’s fuel tax
  • Cut the small business tax rate from 3.5 per cent to 3.2 per cent

Hydro

Progressive Conservative Party of Ontario

Sources: CBC News; Toronto Star, Doug Ford’s official Twitter account; Global News

Healthcare

Progressive Conservative Party of Ontario

The Ontario PCs haven’t yet released a comprehensive platform to replace former leader Patrick Brown’s “People’s Guarantee.” But on the health care front, Ford has promised to:

  • Add 15,000 new long-term care beds over the next five years and 30,000 new beds over the next 10 years
  • Put an end to “hallway medicine” (when hospital overcrowding leads to patients being treated outside of more private rooms), although Ford hasn’t provided specifics as to how
  • Spend $1.9 billion over the next decade on mental health and addiction support
  • Encourage more doctors to move to northern Ontario by cutting their provincial taxesdown to as low as zero per cent
  • Opposed to planned safe-injection sites for Ontario, particularly “in neighbourhoods”
  • Invest $98 million a year to provide dental care to low-income seniors

Sources: Ontario PC, Global News, Toronto Star, CityNews

Drugs and Alcohol

Progressive Conservative Party of Ontario

  • Expand sales of beer, wine, cider and coolers into corner stores
  • Lower the minimum price that beer can be sold for to $1 (plus deposit) per bottle, the level it was at prior to 2008.

Sources: CBC News, Maclean’s

 

Education

Progressive Conservative Party of Ontario

Nothing that would hit your wallet

Child care

Progressive Conservative Party of Ontario

  • Families could select from a variety of options, including licensed and independent childcare spaces, babysitters, nannies, after-school recreational programs, “and a range of other options, as long as it enables the parent to go back to work,” for children under 15 years old
  • Families would receive an Ontario Childcare Rebate of up to 75 per cent of their childcare expenses, up to $6,750 per child until age six. For kids between six and 15, families would receive up to $3,750. It would work on a sliding scale, with families earning less than $34,800 qualifying for the maximum and declining to a rebate of 26 per cent of childcare costs for families with an income of $155,095 or higher. It would cost $389 million a year
  • New plan would be implemented Jan. 1, 2019

Source: The Canadian Press