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Showing posts from December, 2014

Ontario Liberal funding plan is LESS than Harper's federal transfers

The federal transfers are out for 2015/16 and Ontario has done well –$1.253 billion or 6.5% more than the total federal transfers to Ontario for 2014/15.  Apparently, the Wynne government's attack on the Harper government's stingy cash transfers to Ontario are convincing the Conservatives to cough up some more dough for Ontario.  (Just in time for the federal election.)   The total increase in federal transfers ($1.253 billion) equals a 1.1% increase in overall provincial program spending.  In contrast, the current provincial government spending plan is to increase program spending 0.6% next year, a tiny 0.08% the following year, and then impose a cut of 0.7% the year following that.   In other words, federal Conservative transfer increases to the provincial government far outstrip total provincial Liberal spending plans.  Ontario "own source" revenue would play no role at all in new program spending. This is very odd - -in the normal scheme of things