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  Ontario reaches out to poor in pre-election budget
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ContributorMonsieur 
Last EditedMonsieur  Mar 22, 2007 06:33pm
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CategoryNews
MediaWebsite - CBC
News DateFriday, March 23, 2007 12:00:00 AM UTC0:0
DescriptionOntario's Liberals delivered a balanced budget a year earlier than expected Thursday, while earmarking billions in spending for low-income families and committing to raise the minimum wage.

"We leave behind the deficit that we inherited," Finance Minister Greg Sorbara said to applause in the legislature, referring to the $5.5-billion deficit inherited when the Liberals ousted the Conservatives in 2003.

"Today, we begin an era of balanced budgets and sustainable surpluses."

Sorbara said the government is now on track to post five consecutive surpluses.

The fiscal blueprint — which is the last that will be presented by Premier Dalton McGuinty's government before Ontario voters go to the polls in October — outlined $91.2 billion in spending.
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