On the heels of an explosive report from Ontario\u2019s Auditor General exposing that Kathleen Wynne\u2019s real deficit is 75% higher than reported, Ontario PC Leader Doug Ford today committed to launch an independent commission of inquiry, whose mandate is to get to the bottom of the deficit scandal and to propose timely solutions to solving the deficit problem.<\/p>\n
\u201cThe Auditor General performed a valuable public service and uncovered one of the largest financial scandals in Canadian history,\u201d said Ford. \u201cWe now know that, in their desperation, Kathleen Wynne and the Liberals cooked the books. This is a betrayal of the public trust.\u201d<\/p>\n
Yesterday, Ontario\u2019s Auditor General exposed that the Wynne Liberals used a variety of accounting tricks to hide a $5 billion deficit off the government\u2019s books. This deficit is in addition to the $6.7 billion deficit that the Liberals were unable to hide. These hidden deficits are projected to grow to a total of $16.6 billion over the next three years.<\/p>\n
\u201cThe consequence of Kathleen Wynne\u2019s desperation is now clear. We cannot trust anything about Liberal estimates or projections and their budget is no longer worth the paper it was printed on,\u201d said Ford. \u201cI know that people are angry and want answers.\u00a0 We\u2019re going to get those answers.\u201d<\/p>\n
Ford\u2019s independent commission of inquiry will build on the Auditor General\u2019s work, as well as on best practices from other jurisdictions including former federal Auditor General Sheila Fraser\u2019s probe of the Sponsorship Scandal. The commission will include participation of outside auditors and experts, and be mandated to investigate and recommend options for how to restore integrity in the Government of Ontario\u2019s financial reporting.<\/p>\n
\u201cIt took 15 years for the Liberals to create this mess and it will not be solved overnight.\u00a0 But we will restore Ontario to fiscal health in a responsible manner,\u201d said Ford.\u00a0 \u201cWe will deliver on our commitments, clean up the scandals and the waste and protect the services people hold dear.\u201d<\/p>\n
\u201cI will not tire and I will not stop until we have restored responsibility, accountability and trust,\u201d Ford concluded, \u201cand Ontario\u2019s finances are healthy and honest once again.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
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