[ad_1]
\n<\/p>\n
TORONTO \u2014 Ontario\u2019s Liberals are promising $65 billion in new spending over four years, along with finding more than $28 billion in efficiencies, in a platform they say contains no new taxes or tax increases.<\/p>\n
Liberal Leader Bonnie Crombie released the party\u2019s full platform today, as did the NDP, with less than a week to go until election day on Thursday.<\/p>\n
Crombie also highlighted some previously unannounced promises on education in the platform, including building 90 new schools, establishing a lower student-to-teacher ratio, and shortening teachers\u2019 college programs to one year to alleviate the teacher shortage.<\/p>\n
The Liberal platform estimates that their health-care promises, including attaching every Ontarian to a family doctor, would cost $29 billion over four years and a group of promises including home building, responding to tariffs and implementing tax cuts are costed at $26 billion over four years, though a more specific breakdown was not available.<\/p>\n
The NDP platform promises $70 billion in new spending over three years along with $37 billion in new revenue and savings, including increasing capital gains taxes, creating new tax brackets for ultra-high earners and imposing a luxury residence tax.<\/p>\n
NDP Leader Marit Stiles has already announced the bulk of the party\u2019s promises, including a monthly grocery rebate, connecting everyone to a family doctor, establishing a public builder for 300,000 affordable homes and creating a universal school food program.<\/p>\n
The NDP says they would put $10.5 billion over three years into public health \u2013 including their promise to attach everyone to team-based primary care \u2013 their home-building plan would cost $7.5 billion over three years and their grocery rebate would cost $11 billion over that time.<\/p>\n
The party estimates that new tax brackets for those earning $300,000, $400,000 and $500,000 a year would bring in about $3 billion per year, and increasing the amount of capital gains subject to tax from 50 per cent to 80 per cent would bring in about $3.5 billion per year.<\/p>\n
Progressive Conservative Leader Doug Ford is in Washington, D.C., for the second time during this election campaign for another round of meetings to push back against U.S. tariff threats.<\/p>\n
\u00a92025 The Canadian Press<\/strong><\/p>\n<\/p><\/div>\n