On Thursday afternoon, Premier Doug Ford’s government tabled its first budget.
The Ontario PCs said the budget will include no new taxes and will allow the government to provide a “projected $26 billion in much-needed relief to individuals, families and businesses over six years, and eliminate the deficit.”
One idea that was left out of the budget was a planned hike to municipal gas prices, which would have provided Toronto with $1.1 billion over ten years, said Mayor John Tory.
Tory said he’s “incredibly disappointed” the province didn’t move forward with the promised tax, which was promised by Ford during the 2018 provincial election.
I’m incredibly disappointed to see the province won’t be proceeding with the promised gas tax increase that would have provided the city with $1.1 billion over 10 years, starting with $23.8 million this year, a commitment affirmed by the governing party during the election.
— John Tory (@JohnTory) April 11, 2019
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“We had budgeted much of that committed increase in the TTC capital budget to address state of good repair. Subway car overhaul and bus overhauls are two examples that this was expected to fund,” said Tory.
The increase was expected to bring in $24 million this year alone, Tory noted.
“While we were pleased to see yesterday’s investment in new transit, the promised increase in gas tax funding went towards the existing system and ensured we caught up to work long postponed because of inadequate provincial support,” Tory added.
The two cents per litre on all gasoline taxed under the provincial fuel tax was set to increase to four cents per litre by 2021, according to the province.
The gas tax would help municipalities fund their public transit networks.