As the Wynne Liberals hand over the OLG\u2019s GTA locations to B.C-based Great Canadian Gaming Corp. and Toronto-based Brookfield Business Partners, the NDP is raising concerns over the effects of privatization — and the billions of dollars that will be going into B.C. bank accounts instead of Ontario hospitals and classrooms.<\/p>\n
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Last week, on behalf of the NDP, Finance critic John Vanthof wrote to Financial Accountability Officer Stephen LeClair asking the FAO to determine the financial risks to the province.<\/p>\n
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\u201cOLG is a vital source of revenue for the people of Ontario, bringing in about $2 billion each year,\u201d said Economic Development critic MPP Catherine Fife. \u201cThat\u2019s money that goes to fund the services that Ontario families count on. We know Wynne\u2019s OLG privatization scheme gives away a minimum guaranteed $72 million annually, plus as much as 70 per cent of all gambling revenue \u2013 where does this leave Ontario families?<\/p>\n
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\u201cWith so much money going into the bank accounts of private corporations instead of going to the people of this province, services that have already suffered under Wynne — like hospital care — will only be more squeezed.”<\/p>\n
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Fife said that Ontarians have seen enough cutting and squeezing under the Wynne government, noting that hospitals are losing services and schools are closing across the province due to years of Liberal and Conservative cuts. She said the OLG\u2019s stated objective of earning an additional $900 million for the province by 2021 is now at risk as a result of the privatization.<\/p>\n
\u201cGaming\u00a0can offer good jobs and tourism investment as well as much-needed revenues,” said Fife. “The NDP wants those revenues to go back into our hospitals, schools and communities \u2013 when those revenues leave our borders, its everyday families that lose out.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
As the Wynne Liberals hand over the OLG\u2019s GTA locations to B.C-based Great Canadian Gaming Corp. and Toronto-based Brookfield Business Partners, the NDP is raising concerns over the effects of privatization — and the billions of dollars that will be going into B.C. bank accounts instead of Ontario hospitals and classrooms. Last week, on …<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[38],"tags":[735],"class_list":["post-5610","post","type-post","status-publish","format-standard","hentry","category-provincial","tag-olg-privatization"],"publishpress_future_action":{"enabled":false,"date":"2026-04-18 15:43:45","action":"change-status","newStatus":"draft","terms":[],"taxonomy":"category","extraData":[]},"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/posts\/5610","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/comments?post=5610"}],"version-history":[{"count":1,"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/posts\/5610\/revisions"}],"predecessor-version":[{"id":5611,"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/posts\/5610\/revisions\/5611"}],"wp:attachment":[{"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/media?parent=5610"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/categories?post=5610"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wawa-news.com\/index.php\/wp-json\/wp\/v2\/tags?post=5610"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}