Ontario Families Lose with Dalton McGuinty’s Desperate SuperCorp Cash Grab


NEWS:

Dalton McGuinty’s proposed SuperCorp scheme is nothing more than a desperate cash grab, to fuel runaway Liberal spending, without providing any increased value to the taxpayer or improvements to customer service. Ontario PC Leader Tim Hudak today called on McGuinty to shelve his plan to merge Ontario Crown corporations into a single bureaucratic and inefficient monster corporation.

Hudak pointed out that the process of lumping completely unrelated businesses such as the Liquor Control Board of Ontario, Ontario Power Generation, Hydro One, and the Ontario Lottery and Gaming Corp into a single corporation actually reduces the value of each asset and represents the kind of idea that the private sector abandoned over twenty years ago. In addition, the new monster corporation will be even less accountable and result in even more red-tape for consumers and families than the businesses that preceded it.

Hudak also highlighted the existing McGuinty Liberal pattern of scandals, entitlement and waste at agencies such as eHealth, OLG and the LHINs. These scandals leave the public with very little confidence that Dalton McGuinty’s SuperCorp will not become yet another billion dollar boondoggle.

QUOTES:

“Dalton McGuinty has not yet implemented his $3 billion HST tax grab and he is already salivating over his next grab at taxpayer dollars. This ill-conceived bundling of public assets will provide no value to taxpayers or consumers. In fact, the only winners will be the Liberal connected insiders who get rich.”

– Ontario PC Leader Tim Hudak

“It makes no sense for a single monster corporation to run our power grid, sell lotto tickets, and set the price for a bottle of wine. The McGuinty Government couldn’t even manage OLG on its own without massive scandals and waste. Merging it with three other corporations is a recipe for financial disaster.”

– Ontario PC Leader Tm Hudak

QUICK FACTS:

The questions that the McGuinty Liberals must answer about their proposed SuperCorp scheme:

  • How will frontline customer service be improved by lumping together lotto sales, alcohol retailing, nuclear assets and management of Ontario’s electricity grid into one monster corporate entity?
  • What guarantees are there that this new SuperCorp will not, in fact, produce even more red-tape and be even less accountable to Ontario families, than its predecessor companies?
  • Given the McGuinty Liberals’ role as the architects of the billion dollar eHealth scandal, what safeguards exist to protect the taxpayer interest and prevent a similar scandal from occurring?
  • How much revenue is Dalton McGuinty planning to blow out the door in new spending as a result of this scheme?

Copyright 2008 Durham PC Association Website by Now Creative Design.