May 15th, 2022
NDP releases platform costing that fixes what matters most
TORONTO – Andrea Horwath and the NDP have released the full costing for their platform, which shows key investments in health care, home care and long-term care, housing and making life more affordable.
“The NDP has an affordable, realistic plan to make life better for people,” said Horwath. “Together, we can fix what matters most to people — like making life more affordable, and helping people get the health care and home care they need.”
“The past two years have been incredibly difficult for people, and our costing reflects the urgency needed to fix the mess that Doug Ford is leaving behind,” added Catherine Fife, NDP candidate for Waterloo and critic for Finance. “Where Doug is only looking out for his buddies, the NDP are here to make life better and more affordable for everyone.”
The NDP will make investments where people need it the most:
- $13.6 billion in health care, home care and long-term care systems to ensure that people can access services when they need them.
- $18 billion to transform social assistance, and provide a 20 per cent increase immediately, and double today’s ODSP and OW rates in year two.
- An additional $3.1 billion in schools.
- $2.9 billion more towards new and affordable housing.
The NDP fiscal plan will make sure that the richest pay their fair share, while middle-income Ontarians feel relief:
- Freezing taxes on low and medium-income households for full term of an NDP government.
- Returning the corporate income tax to 13%, while maintaining the small business deduction at 3.2%.
- Raising income tax on amounts earned over $220,000 by one percentage point, and on earnings over $300,000 by two percentage points.
- Cancelling highway 413 and the Bradford Bypass and redirecting those funds to social and health infrastructure.
“The NDP is the party of working folks and everyday families. Our platform and where we’ve chosen to invest matches our values.”
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