Friday 18th of May 2012

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New Democrats Call for Release of Ontario Asset Sale Plans

Toronto - NDP Leader Andrea Horwath and Finance Critic Peter Tabuns called on the McGuinty Liberals to make plans for asset sales public.“Our public assets work effectively and generate billions every year for our schools and hospitals,” said Horwath. “Selling them off will leave us paying more and getting less for years to come.”

“If the McGuinty Liberals want to clear the air they should release all documents related to a potential sale now.”

Media reports yesterday indicated that a proposal to merge the LCBO, Ontario Lottery and Gaming, Hydro One, and Ontario Power Generation into a single corporation which will then be partially sold to private investors will be discussed at a Liberal Cabinet meeting June 23. Finance Minister Dwight Duncan subsequently denied the reports but indicated that the Liberal government does have the report of a committee that was reviewing assets.

“Deals like this might be tempting for politicians hoping to buy votes in an upcoming election but they’re a bad deal for the people of Ontario,” said Tabuns. “People deserve an open discussion. The government should release these plans today.”

Updated Jun 21, 2010 Written by Ontario's New Democratic Party

Related links:
ontariondp.com