Transcript: Budget Reaction | May 15, 2005

The opening sequence rolls.

Music plays as clips of politicians and demonstrations appear on an animated number 4.

Steve says WILL THIS WEEK ON "FOURTH
READING" AN EDUCATION BUDGET
FOR ONTARIO.

A fast clip shows images of a session at the legislature.

Greg Sorbara is in in his late fifties, clean-shaven and with short curly graying hair. He wears a blue suit, a white shirt, a polka dotted red tie and a white flower on his lapel.

He says IT IS AN UNPRECEDENTED
INVESTMENT IN HIGHER
EDUCATION.

Steve says IS IT ENOUGH TO MAKE US THE
BEST IN THE WORLD.

Steve sits in the studio 3 guests.

Steve is in his mid-forties, clean-shaven, with short curly brown hair. He's wearing a dark suit and a striped shirt.

He says HI EVERYBODY I AM STEVE
PAIKIN WELCOME TO "FOURTH
READING" DALTON MCGUINTY HAS
SAID WHEN HIS TIME IN OFFICE
IS OVER HE WOULD LIKE TO BE
REMEMBERED AS THE EDUCATION
PREMIER.
LIBERALS ARE HOPING THEIR
BUDGET THIS WEEK WILL GO SOME
WAY TO SECURING HIM THAT
LEGACY.
THE GOVERNMENT HAS PLEDGED AN
ADDITIONAL 6.2 BILLION
DOLLARS FOR POST SECONDARY
EDUCATION OVER NEXT FIVE
YEARS.
IT IS THE CENTERPIECE OF WHAT
IS BEING CALLED A VERY LIBERAL
BUDGET.

A caption reads "Greg Sorbara. Ontario Finance Minister."

Greg says OUR PLAN IS WORKING BECAUSE
OF THE DISCIPLINE THAT WE HAVE
BROUGHT TO THE MANAGEMENT OF
OUR FINANCES.

Steve says ALTHOUGH ONTARIO FINANCE
MINISTER ANNOUNCED LIBERALS
AREN'T LIKELY TO BALANCE THE
BUDGET UNTIL 2008, GREG SORBARA
SAYS HIS GOVERNMENT HAS MADE
FISCAL PROGRESS.

Greg says THE DEFICIT IS DOWN.
WE HAVE HAD VERY GOOD JOB
CREATION NUMBERS.
AND I THINK WE BROUGHT BETTER
DISCIPLINE TO THE FINANCIAL
MANAGEMENT OF THE PROVINCE.
AND IN SHORT OUR FIRST FULL
YEAR HAS CREATED EVEN STRONGER
FOUNDATION FOR THIS BUDGET
THAN WE HAD ANTICIPATED.

Steve says BUDGET HIGHLIGHTS INCLUDE,
6.2 BILLION DOLLARS MORE FOR
POST SECONDARY EDUCATION OVER
NEXT FIVE YEARS HOWEVER, MUCH
OF IT BACK END LOADED IN LAST
THREE YEARS.
30 BILLION DOLLARS IN
INFRASTRUCTURE INVESTMENTS
OVER FIVE YEARS.
AND NEW FUNDS WOULD BE MIX OF
PUBLIC AND PRIVATE INVESTMENT
THE DEFICIT WOULD WILL BE
REDUCED TO 2.8 BILLION DOLLARS
THIS FISCAL YEAR.
VOID MOSTLY BY INCREASED TAX
REVENUES AND PROGRAM SPENDING
CUTS OR SAVINGS FOUND IN 15
NON PRIORITY MINISTRIES.
SOME CRITIC SAYS LIBERAL
SHOULD HAVE MADE MORE PROGRESS
ON DEFICIT.

The caption changes to "John Tory. Ontario PC Leader."

John Tory is in his early late forties, clean-shaven and with short wavy light brown hair. He wears a black suit, blue shirt and striped tie.

He says YOU HAVE TO SOME GOALS AND
SOME PLANS TO ACHIEVE THEM AND
THEN STICK TO IT AND BE
DETERMINED AND THESE PEOPLE IN
MY VIEW HAD NO DETERMINATION
THEY HAVE NO DESIRE BECAUSE
THEY DON'T BELIEVE IT IS
IMPORTANT TO BALANCE THE BOOKS
IN DUE COURSE.
THEY DON'T BELIEVE IT IS
IMPORTANT TO PAY YOUR OWN WAY
OR TRY TO GIVE MONEY BACK TO
TAX PAYERS THEY DON'T BELIEVE
IT IS GOAL TO RUN THE
GOVERNMENT MORE EFFICIENTLY
THEY DON'T THINK THOSE THINGS
MATTER BECAUSE AFTER ALL YOU
CAN ALWAYS GO AND GET MORE
MONEY FROM TAXPAYERS OR YOU
CAN JUST GO AND BORROW MORE.

Steve says OTHERS SAY DESPITE SPENDING
INCREASES IN SOME AREAS, OTHER
AREAS SUCH AS AGRICULTURAL AND
WORK WERE COMPLETELY
NEGLECTED.

The caption changes to "Howard Hampton. Ontario NDP Leader."
Howard is in his early fifties, clean-shaven and with short straight graying hair. He wears a black suit, white shirt and patterned tie.

He says THIS BUDGET ESSENTIALLY
WRITE-OFFS NORTHERN ONTARIO
AND FARMER IN RURAL ONTARIO.
THE MINISTRY OF AGRICULTURAL
LITERALLY TAKES A 50 percent CUT IN
FUNDING.
IF YOU LOOK AT THE ACTUAL
SPENDING AND MINISTRY OF
AGRICULTURAL THIS PAST FISCAL
YEAR, WITH WHAT IS PROJECTED
FOR NEWT FISCAL YEAR IT IS
LIKE SLASHING IT IN HALF.

Steve says OTHER REACTION?

The caption changes to "Michael Doucet. Ontario Confederation of University Faculty Associations’."

Michael is in his mid-fifties, with short straight brown hair and a bushy beard. He wears glasses, a blue suit, shirt and tie.

He says THIS IS A VERY GOOD DAY FOR
POST SECONDARY EDUCATION IN
ONTARIO AND VERY GOOD DAY FOR
THE CITIZENS OF ONTARIO.
AS NOW WE WILL HAVE THE
ABILITY TO PROVIDE FOR FUTURE.
WE WILL BE ABLE TO TRAIN THE
DOCTORS ONTARIO WILL NEED THE
DENTIST AND NURSES THE ENTREPRENEURS, THE INNOVATORS.
AND NEW MONEY FOR RESEARCH
MOST WELCOME IN KEEPING
ONTARIO COMPETITIVE.

The caption changes to "Tasha Kheiriddin. Ontario Taxpayers Federation."

Tasha is in her mid-thirties, with straight light brown hair in a bun. She wears a red V neck top and a blue jacket.

She says THEY HAVE LIMITED SPENDING
INCREASES TO 4.5 percent WHICH IS
HALF OF LAST YEAR.
FOR THIS GOVERNMENT THAT'S A
VERY GOOD STEP THAT WE STILL
THINK THEY HAVE TO GO FURTHER
AND WHAT WE FIND IS THAT WHEN
JOE LOOK AT THE AMOUNT
PERSONAL INCOME TAX THEY HAVE
TAKEN IT IS REALLY OUTRAGEOUS
THAT HAS TO BE PRIORITY FOR
THEM TO ELIMINATE HEALTH TAX
BY THE END OF THEIR FIRST TERM
AND ELIMINATE DEFICIT IF THEY
DON'T DO THAT IT WILL BE VERY
HARD TO SEE HOW VOTERS COULD
GIVE THEM SECOND MANDATE.

Steve says SORBARA SAYS HIS GOVERNMENT IS
ON THE RIGHT TRACK.

Greg says IT WOULD HAVE BEEN POSSIBLE TO
PROJECT A BALANCED BUDGET BY
2007, 2008.
INSTEAD WE HAVE CHOSEN TO
INVEST IN WHAT ONTARIO VALUES.
THEIR EDUCATION AND HEALTH
CARE.
WE BELIEVE THAT THESE ARE THE
RIGHT CHOICES.

Steve says ARE LIBERALS MAKING RIGHT
CHOICES BOTH FOR THE PROVINCE
AND THEIR OWN POLITICAL
FUTURE.
HERE TO HELP US ASSESS THAT
JANET ECKER.
FLOYD LOGRIN AND THIS WEEK BOB
RICHARDSON.
FORMER EXECUTIVE ASSISTANT TO
COLLEGE AND UNIVERSITIES.
MINISTERS.
SORBARA AND LYNN MCCLEOD HE
HANGS HIS HAT AT THE
CONSULTING FIRM WAVE.
I AM GOING ASK YOU TO JUST
SIT GET COMFORTABLE BECAUSE WE
HAVE TWO FORMERS HERE WHOSE
ADVICE WE NEED TO HEAR.
I WOULD LIKE TO ASK GIVEN THAT
YOU TWO FORMER FINANCE MINISTERS
I WANT KNOW WHAT WAS
BEST THEN ABOUT THIS BUDGET
AND WHAT WAS WORST THING IN
YOUR VIEW ABOUT THIS BUDGET?
WHAT DID YOU LIKE THE MOST
ABOUT WHAT SORBARA DID THE
OTHER DAY.

The caption changes to "Janet Ecker. Former PC Cabinet Minister."

Janet is in her late forties, with short straight blond hair. She wears glasses, a white blouse, a blue jacket, a delicate necklace and a pair of earrings.

She says WELL I LIKED THE POST
SECONDARY STUFF I MEAN I THINK
THAT YOU KNOW OUR GOVERNMENT
HAD MANAGED TO SOLVE THE
CAPITAL PROBLEM GETTING MORE
SPACES NEW SPACE IN PLACE THEY
ARE MOVING FORWARD WITH BOB
RAE'S RECOMMENDATION THEY
SHOULD BE DOING MORE FASTER I
THINK POSITIVE THING.

Steve says THE POSITIVE THING IT FROM
YOUR VIEWPOINT IT WOULD BE

The caption changes to "Floyd Laughren. Former NDP Cabinet Minister."

Floyd is in his seventies, clean-shaven and with short straight white hair. He wears a purple swede suit, gray shirt and patterned tie.

He says POST SECONDARY AS WELL.
I DON'T THINK YOU WOULD REALLY
HAVE TO LOOK UNDER A ROCK TO
FIND ANYBODY WHO DIDN'T
SUPPORT THE POST SECONDARY
INITIATIVE.

Steve says FAIR ENOUGH.
THERE SEEMS STOCK REAL
CONSENSUS IN THE PROVINCE ON
THAT.
PRETTY HARD TO FIND ANYBODY
WHO DID NOT LIKE IF.

Janet says THE ASSUMPTION THAT SOMEHOW
OR SORE ECONOMIC GROWTH IS
GOING TO CONTINUE TO BE THERE.
WITHOUT THEM TAKING SOME
ACTION.
AND THE LAST TIME THAT I HEARD
FINANCE MINISTER STAND UP AND
SAY THAT YOU KNOW WE COULD
HAVE DONE A BETTER JOB ON THE
DEFICIT SIDE BRINGING DOWN THE
DEFICIT BALANCING THE BUDGET,
BUT WE HAVE CHOSEN INSTEAD TO
SPEND.
WITH MY COLLEAGUE
HERE TO RIGHT AND WHEN THE
RECESSION DOWN TURN WOULD HAVE
EVER HIT WE WERE IN BIG
TROUBLE.

Floyd sits to her right.

She continues SO I THINK THEY HAVE DON'T...
THEY HAVE NOT LEFT THEMSELVES
WITH A LOT OF FLEXIBILITY THEY
HAVE TAXED MORE THEY ARE
TAKING LOT MORE TAX OUT OF THE
ECONOMY.
THEY ARE SPENDING A LOT MORE
THERE IS NO QUESTION IT IS
LESS.
IN TERMS OF INCREASES BUT IT
IS STILL TAKING UP A LOT OF
THAT FLEXIBILITY.
AND YOU KNOW IF WE DO INDEED
HAVE THAT ECONOMIC SLOW DOWN
AND THEY THEMSELVES SLASHED
THEIR GROWTH FORECASTS, THEY
RECOGNIZING THERE AN IMPACT
ALSO STARTING TO WORRY ABOUT
SOMETHING THAT -- ABOUT
COMPANIES MOVING.
THEIR REVENUE, INTO LOW TAX
JURISDICTIONS IN CANADA SO
THEY KNOW THEY ARE STARTING TO
FEEL THAT MAY BE A PROBLEM.
SO HOW DID THEY DEAL WITH IT?
AND I WOULD ARGUE THEY DIDN'T
AND THAT'S I THINK A CONCERN.

Steve says FLOYD?

Floyd says WELL, YOU WANT ME TO TELL
YOU WHAT I DIDN'T LIKE RATHER
THAN RESPOND TO JANET I GUESS.
I DISAGREE WITH WHAT YOU
ARE SAYING ABOUT THE BUDGET.
WHAT I DIDN'T LIKE WAS I
LOOKED AT THAT TIME AND I
THOUGHT THIS IS NOT AVOIDANCE
BUDGET I DID LIKE THE POST
SECONDARY BUT I THINK THEY
AVOIDED A NUMBER OF SERIOUS
PROBLEMS OUT THERE.

Steve says LIKE WHAT?

Floyd syas WELL I THINK THEY ARE HAVE
AVOIDED ISSUE OF FORESTRY AND
SAW MILLS IN THE NORTH.
THEY HAVE AVOIDED THE
AGRICULTURAL ISSUE IF THEY
THINK THAT ONE TIME INFUSION
OF MONEY LAST YEAR IS NOT
GOING TO BE REQUIRED AGAIN, I
THINK THEY ARE KIDDING
THEMSELVES.
I THINK THAT REALLY GIVEN THEM
THE SHORT END OF THE STICK
THERE GOING TO BE PROBLEMS IN
MINISTRIES LIKE NATURAL
RESOURCES, WHERE THEY HAVE
FLAT LINED BUDGET.
AND I ALSO DON'T THINK THEY
EVEN MADE A NOD TO PEOPLE WITH
DISABILITY AND LOW INCOME
PEOPLE.

Steve says IS THAT CRITICISM BOB THAT
I HEARD FREQUENTLY OVER LAST
NEW DAYS ON THIS BUDGET.
AGAIN, CONSENSUS ON POST
SECONDARY EVERYBODY SEEMS TO
LOVE THAT BUT AGRICULTURAL
SECTOR IS REALLY UNHAPPY WITH
WHAT'S HAPPENING IN THIS
BUDGET, I KNOW THE MINISTER
SAID THAT THINGS DON'T LOOK AS
GLOOMY AS THEY DID A YEAR AGO
AND THEREFORE, THEY WOULDN'T
NEED TO COME FORWARD WITH
SEVERAL HUNDREDS OF MILLIONS OF DOLLARS IN RESCUE
BUT I HEAR MORE PEOPLE SAYING
WHAT FLOYD JUST SAID IS THAT
WILL NEED TO HAPPEN AND IT NOT
PROVIDE FOR HERE'S WHAT DO YOU
GUYS SAY ABOUT THAT?

The caption changes to "Bob Richardson. Ontario Liberal Activist."

Bob is in his early forties, clean-shaven and with short wavy brown hair. He wears glasses, a blue suit and a white shirt.

He says WELL YEAR-OVER-YEAR LAST
YEAR 549 MILLION DOLLARS BASS
SPEND ON AGRICULTURAL IN
BUDGET THIS YEAR IT IS 564.
THERE WAS ONE TIME SPENDING
FOR A NUMBER OF THINGS.
I THINK FOR GREEN AND OIL SEED
PRODUCERS I BELIEVE ON BSI AND
THINK ALSO TO HELP FARMERS WHO
ARE GETTING OUT OF TOBACCO.
THAT WAS ONE TIME FUNDING.
IT DID END THIS YEAR SO IT
KIND OF DIS SORTS TO SAY THAT
THERE IS MASSIVE CUT BACK.
BECAUSE IN ACTUAL FACT THAT IS
NOT THE CASE.
IS THAT REQUIRED THIS YEAR.
OR NOT?
I AM NOT QUALIFIED TO SAY IT
IS OR IS NOT BUT IT WAS VERY
CLEARLY OUTLINED LAST YEAR AS
ONE TIME FUNDING.
AND IT IS UNFAIR TO SAY THAT
YEAR-OVER-YEAR THERE HAS BEEN
MASSIVE SLASH IN AGRICULTURAL.

Steve says THERE HAS.
I AM LOOKING AT THAT TIME
RIGHT NOW.
PAGE 7 4 OF THE BUDGET
PAPERS.
LAST YEAR 733 MILLION THIS
YEAR PROJECT SPENDING 5.64
THAT'S BIG CUT.

Bob says A WHACK OF THAT WAS VERY
CLEARLY OUTLINED TO BE ONE
YEAR FUNDING IN THREE AREAS
THAT I SAID.
IF YOU TAKE A LOOK AT THE
ACTUAL SPENDING OF THE
MINISTRY YEAR-OVER-YEAR, THERE
IS SLIGHT INCREASE THIS YEAR
SOME COULD ARGUE THAT ISN’T ENOUGH.
BUT THAT WAS VERY MUCH DESIGNATED AS ONE YEAR FUNDING
IN THOSE THREE AREAS I DON'T
KNOW.

Steve says NOT ACCORDING TO WHAT I AM
LOOKING AT RIGHT HERE.

Janet says SOME OTHER AGRICULTURAL
FUND TOOK IS THAT SOME OF THE
FUNDING THEY ARE PUTTING IN
THERE IS FUNDING THEY HAVE TO
PUT IN THERE FEDERAL DOLLARS
THIS IS ONLY THEIR SHARE OF
FEDERAL PROGRAMS.
AND AS ONE OF MY FORMER
COLLEAGUE IN LEGISLATURE SAID
ONLY PEOPLE IN AGRICULTURAL
COMMUNITY MAKING ANY MONEY ARE
THE MARIJUANA GROW FOLKS.
I MEAN THE COMMUNITIES IN BIG
TROUBLE AND THEY FARMERS ON
THE DOORSTEP WITH THEIR
TRACTORS AND WHATEVER.
AND AS YOU KNOW ANYBODY WHO
KNOWS FARMING COMMUNITY THOSE
FOLKS ARE VERY SLOW TO ANGER
AND I THINK -- I AGREE WITH
FLOYD ON THIS.
THERE IS A PROBLEM HERE DOWN
THE ROAD THAT THEY DID NOT
DEAL WITH IN THIS BUDGET.

Floyd says NOT THAT THE CONSERVATIVES
WOULD PANDER INTEREST GROUPS
OF COURSE.

Janet says DEMOCRACY GOOD GOVERNMENT
DEMANDS DOING WHAT THIS IS YOU
CAN'T ON ONE HAND SAY IT IS AN
ISSUE.

Steve says I MEAN SHOULD WE LET'S
POINT OUT THAT LIBERALS HAVE
MOST OF THEIR SEATS IN URBAN
ONTARIO WHICH DOES NOT WAKE UP
EVERY DAY THINKING ABOUT THE
AGRICULTURAL SECTOR AND THE
CONSERVATIVES HAVE ALL OF
THEIR SEATS FRANKLY IN
RURAL ONTARIO WHICH DOES.
AND I MEAN THAT'S JUST
OBVIOUS.

Janet says WELL, YOU SEE I GUESS THAT
GETS YOU DOWN TO WHAT'S A GOOD
BUDGET IS IT STRICTLY
POLITICAL CHECK POINTS I MEAN
I HAVE GOT RIDING HERE THEY
ARE WE DO SOMETHING FOR THAT
RIDING WE DON'T FOR ANYBODY
ELSE THAT'S NOT WAY YOU SHOULD
BE DOING A GOVERNMENT BUDGET
YOU SHOULD BE DOING WHAT'S
GOOD FOR THE ECONOMY.

Bob says I COULDN'T AGREE MORE AND
THAT’S WHY I THINK IT IS A GOOD BUDGET
THERE ARE COMMUNITY COLLEGE
AND UNIVERSITIES RIGHT ACROSS
THIS PROVINCE.
THAT HAVE GOT SIGNIFICANT
INCREASES IN FUNDING.
ARE PEOPLE IN TRAINING
PROGRAMS AND APPRENTICESHIPS
RIGHT ACROSS THE PROVINCE THAT
WILL SEE HUGE INCREASES IN
FUNDING INCREASES IN FUNDING IN
HOSPITALS.
THERE HAS BEEN INCREASES IN
FUNDING IN RATHER HEALTH CARE.
THERE HAS BEEN INCREASES IN
FUNDING IN EDUCATION AND A LOT
KIND OF MORE QUIET AND I
THINK -- MANAGEMENT OF THE
RELATIONSHIP THERE SO I THINK
THAT'S BENEFITING ALL OF
ONTARIO WHETHER YOU ARE URBAN
AREA OR RURAL AREA.

Floyd says JUST BECAUSE IT IS
POLITICAL BUDGET GOES TO THE
MEAN GOOD BUDGET FIRE VINCE.
AND I THINK THE POINT YOU ARE
MAKING IS THAT IT IS GOOD
POLITICAL BUDGET.
AND I WOULD AGREE WITH YOU.
I THINK IT IS GOING TO BE
ACCEPTED.

Bob says I THINK IT IS GOOD BUDGET
FOR SERVICES FOR PEOPLE AND I
THINK THAT'S WHY SMALL L
LIBERALS ARE TREAT COMFORTABLE
IN THEIR OWN SKIN ON THIS ONE
YOU SEE IT BOTH WITH THE
PREMIER AND THE MINISTER OF
FINANCES AND EVEN PEOPLE LIKE
ME ARE VERY COMFORTABLE WITH
IT BECAUSE IT FOCUSES ON POST
SECONDARY EDUCATION.
HEALTH.
IT FOCUSES ON EDUCATION.
IT FOCUSES ON THINGS THAT
MATTER PEOPLE THEIR DAY TO DAY
LIVES.
I THINK DOES TO DO EVERYTHING
IT DOES NOT.
I THINK FOR INSTANCE THE POINT
YOU MADE ABOUT LOW INCOME
ONTARIO ON WELFARE THEY THEIR
INCREASE THERE AND THAT'S
SOMETHING I THINK HAS TO BE
ADDRESSED.
SO I THINK.

Floyd says IT DOES SOME GOOD THINGS I
AM NOT QUESTIONING THAT AND WE
ANY PAIR MIND PERSON WOULD.
BUT IT IS THOSE AVOIDANCES
THAT BOTHER ME.
AS THOUGH THEY WEREN'T THERE.
I WILL GO BACK TO THE
MENTIONED LAST WEEK THE ENERGY
FILE.
IT IS NOT BARELY MENTIONED IN
THE BUDGET.
AND THAT'S MAJOR PROBLEM DOWN
THE ROAD.
AGRICULTURAL IS A PROBLEM.
FOREST TREE IS A PROBLEM.
THEREFORE WHAT'S IN THE BUDGET,
ARE THINGS THAT THEY CAN TALK
IN A VERY POSITIVE WAY ABOUT.
AND SO SELL TO THE PROVINCE.
AS VERY POSITIVE BUDGET.
THAT'S MAKE IT POLITICAL
DOCUMENT.

Janet says BUT THE OTHER THING ABOUT
THIS PARTICULAR BUDGET IS THAT
THERE IS A LOT OF UNANSWERED
QUESTIONS IN THERE.
THERE IS A LOT OF LIKE WELL
WAIT A MINUTE WHAT DOES AT
THAT MEAN AND HOW ARE THEY
GOING GET THERE.
AND WHEN THEY TALK ABOUT THEIR
30 BILLION DOLLAR
INFRASTRUCTURE, FIRST OF ALL
WHEN WOULD LOOK AT THE NUMBERS
IT IS NOT THAT DIFFERENT FROM
THE PREVIEWS GOVERNMENT'S
BUILD PROGRAMING WE WERE
BUT -- BUILD WAS SEVERAL
GOVERNMENTS AGO.
THE SUPER BUILD PROGRAM.
AND THEY SAYING THEY ARE
GOING TO DO THAT BUT THEY
WOULDN'T SAY HOW AND THERE IS
A LOT OF UNANSWERED QUESTIONS.
THEY ARE STILL LOOKING AT
ASSET SALES THEY HAVE BEEN
TALKING ABOUT THIS THEY SAID
IN THEIR POLITICAL PLATFORM
FOR PRERIT THEY PROMISED THEY
WERE GOING TO DO SOME ASSET
SALES.
THEIR PLAN.
THEY HAVE NOT.
BUT, THE OTHER THING THAT I
THINK IS A LITTLE WORRISOME
ABOUT THIS PARTICULAR THEY
KEEP CHANGING THE PLAN.
THEY KEEP SAYING IT IS PLAN
AND THEN THEY KEEP CHANGING
IT.
AND YOU KIND OF WONDER IF
THERE REALLY IS A PLAN THERE.
BECAUSE WE ARE INTO WHAT THIRD
OR FOURTH PROJECTION ON WHEN
THEY WILL BATTLE BUDGET.

Steve says THAT HAS BEEN FAMILIAR
RETRAIN -- WHAT DO YOU SAY TO
THAT?

Bob says WELL, YOU KNOW I WOULD SAY
THAT PLAN HAS CHANGE BAITED
FOR INSTANCE THE DEFICIT IS
COME DOWN 50 percent.
IN A YEAR AND AS MUCH BETTER
SHAPE THAN WHAT THEY HAVE
PREDICTED JOB GROWTH IS BEEN
BETTER.
MANAGEMENT OF THE OVERALL DEBT
OF THE PROVINCE HAS BEEN
BETTER.
SO, I HOPE -- SO HAVE THINGS
GONE EXACTLY AS PLANNED KNOW
IN ACTUAL FACT THEY HAVE
IMPROVED.
SO I THINK -- I THINK PART OF
THE PROBLEM IS CONSERVATIVE
HAVE ON THIS ONE THEY WANT TO
BOTH WAYS AND ON ONE HAND JOHN
TORY SAYS WE ARE OUGHT TO
REDUCE THE DEFICIT AND THEN ON
THE OTHER HASN'T SAYS IT IS
COMPLETELY ACCEPTABLE TO RUN
DEFICITS FOR THE NEXT COUPLE
OF YEARS SO, I MEAN HE SEEMS
TO WANT TO BOTH WAYS.
AND THEY SEEM TO WANT TO BOTH
WAYS.

Steve says I DON'T THINK HE SAID
COUPLE OF YEARS I THINK HE SAID THIS YEAR.

Bob says I THINK HE SAID THIS YEAR AND NEXT YEAR.

Janet says WHAT'S IMPORTANT HERE IS NEW
PLAN AND I GUESS IF WE DON'T
LIKE THIS PLAN WE WILL GET
ANOTHER ONE NEXT YEAR.

Steve says LET'S TALK TAX.
BECAUSE WE THEY WOULD HOW MUCH
EVERYBODY AROUND THAT TABLE
LIKES TO TALK ABOUT THEM AND
PAY THEM.
HERE WHERE I WANT TO GO ON
THIS.
I REMEMBER WHEN FLOYD WAS MINISTER, HE RAISED TAX AND GOT LESS
REVENUE.
I REMEMBER WHEN JANET ECKER’S
PARTY WAS IN POWER THEY
LOWERED TAX RATES AND GOT MORE
REVENUE.
I NOW SEE BEIGE RICHARDSON
POWER AND THEY RAYS CORPORATE
TAX AND IN INCOME TAX AND GET
MORE REVENUE.
AND THE QUESTION I ASK IS,
JANET I WILL GO TO YOU FIRST.
YOU TOLD US THE MANTRA WAS IN
HARRIS YEARS CUT TAX MORE
REVENUE.
AND MORE JOBS WE NOW SEE A
GOVERNMENT RAISING TAX.
AND GETTING WAY MORE REVENUE
IT IS SEEMS TO ME THERE IS NO
APPARENT RELATIONSHIP ON
RAISING RATES GETTING MORE
REVENUE GETTING LESS REVENUE I
HAVE SEEN ALL THREE DIFFERENT
THINGS HAPPEN HERE.
SO WHERE IS THE -- WHERE ARE
WE ON THAT I GUESS ANY
QUESTION?

Janet says WELL FIRST OF ALL I THINK
THAT AS I SAID TO YOU EARLIER
I MEAN THEY ARE ALREADY
SHOWING IN THEIR OWN BUDGET I
MEAN THEY ARE SAYING ECONOMIC
GROWTH IS SLOWING THEY SLASHED
THEIR ECONOMIC FORECAST.
YOU CANNOT CONTINUE TO RAISE
TAX AND EXPECTATIONS THAT YOU
CAN KEEP AND GENERATE MORE
JOBS AND MORE ECONOMIC GROWTH
HERE.
IT JUST SIMPLY DOES NOT
HAPPEN.

Steve says IT HAPPENED THIS YEAR.

Janet says WELL IT MAY HAVE HAPPENED
THIS YEAR.

Steve says THEY GOT WAY MORE MONEY
THEN EXPECTED AGAIN.

Janet says THEY DID IN ONE YEAR BUT
GROWTH IS SLOWING.
THAT JOB THE JOB NUMBER THAT
THEY TALK ABOUT EXPECT NEW
JOBS IS NOT A VERY HIGH NUMBER
FOR ONTARIO.
AND I WOULD -- I ARGUE THAT...
AND I THINK THE FACTS WILL
PROVE OUT THAT THEY HAVE TO BE
VERY, VERY CAUTIOUS.
I MEAN THEY ARE ALREADY IN
THAT BUDGET THEY ARE TALKING
ABOUT OP GEESE WE BETTER BE
CAREFUL ABOUT PEOPLE MOVING
THEIR CORPORATE -- YOU KNOW
DOING THEIR CORPORATE BOOKINGS
IF YOU WILL AND LOWER TAX
JURISDICTION.
WHY ARE THEY WORRIED ABOUT
THAT?
BECAUSE THEY KNOW AND MAYOR
CORPORATIONS WILL TELL YOU,
THAT THEY CAN AND THEY WILL
MOVE OPERATIONS MOVE THINGS SO
THAT THEY PAY LESS TAX.
AND IT IS NOT A QUESTION OF
HIGH AND LOW IT IS A QUESTION
OF COMPETITIVE TAX YOU GOT TO
MAKE SURE THAT YOU HAVE A
COMPETITIVE EDGE WITH YOUR TAX
WE DON'T.

Steve says ARE YOU RUNNING RISK THERE?

Bob says I AGREE THAT
YOU TO HAVE TO HAVE A COMPETITIVE TAX
JURISDICTION.
I THINK WHAT ALL THIS PROVES
IS THAT IF YOU TAKE A MODERATE
BALANCE APPROACHED YOU CAN GET
ECONOMIC GROWTH.
AND I THINK THAT IS WHAT WE
HAVE SEEN OVER LAST OVER THE
LAST YEAR I DON'T THINK YOU
HAVE TO CUT TAX IN ORDER TO
SEE MODERATE ECONOMIC GROWTH
WE HAVE SEEN THAT HAS NOT BEEN
THE CASE IN LAST YEAR AND IN
FACT THAT WE HAVE HAD GROWTH.
SO THINK AS LONG AS ARE BEING
PRUDENT YOU ARE BEING
RESPONSIBLE YOU AREN'T WILDLY
SPENDING.
DO YOU THINK YOUR GOVERNMENT
IS RUNNING CLOSE TO THE LINE.

Steve says DO YOU THINK THE LIBERAL
ARE CLOSE TO THE LINE OF BEING
NON COMPETITIVE THAT'S
CERTAINLY ALLEGATION.

Bob says I THINK WE ACTUALLY QUITE
COMPETITIVE AND IN FACT IN
TERMS OF GROWTH THIS YEAR
THERE IS ONLY 4.2 percent GROWTH IN
SPENDING.
MY GOODNESS.
THE NATIONAL CITIZENS
COALITION BARELY COULD COME
OUT AND ATTACK THE BUDGET THEY
WERE EVEN HAVING DIFFICULTY
DOING IT.
SO IN PRUDENT RESPONSIBLE
DOCUMENT.
AND I THINK IT IS ONE THAT
FOCUSES ON SERVICES.

Steve says OKAY.
LET'S FOCUS FOR A ZONING THE
INFRASTRUCTURE PLAN.
JANET YOU BROUGHT IT UP A
MINUTE AGO.
BECAUSE, HOWARD HAMPTON HAS
RAISED NOTION THAT, BECAUSE
THE GOVERNMENT FOR SEES SOME
ROLE FOR THE PRIVATE SECTOR IN
BUILDING THESE TENS OF
MILLIONS OF DOLLARS WORTH NEW
INFRASTRUCTURE THAT WE NEED.
THE PRIVATE SECTOR WILL GO OUT
ON TO MONEY MARKETS BORROW
THIS MONEY AT HIGHER RATE THAN
THE GOVERNMENT OTHERWISE COULD
AND WILL BE PAYING BILLIONS
MORE ULTIMATELY THAN WE HAVE
TO.
FOR THESE PROJECTS WHICH WE
WOULD PAY LESS FOR IF THE
GOVERNMENT JUST SIMPLY
BORROWED THE MONEY THEMSELVES

Floyd says THERE IS NO QUESTION THAT
THE PUBLIC SECTOR CAN BORROW
WE DID THAT IN.
RETURN WHICH THE PUBLIC
SECTOR WOULD NEED.
SO I THINK THERE IS NO
QUESTION THAT IN LONG-TERM.
WE WILL PAY MORE.
BECAUSE OF THOSE PARTNERSHIPS
PUT IN SHORT-TERM YOUR BOOKS
YOU GET PROJECT GOING FASTER
IN.

Steve says HERE’S WHAT SID RYAN HAD TO SAY
ABOUT IT.
IDEA BORROW SOME OF THE MONEY
THE PRIVATE COMPANIES WOULD
BORROW SOME OF THE MONEY FROM
PUBLIC PENSIONS PLANS TO
PERHAPS BUILD AS MUCH AS 30
BILLION DOLLARS IN
INFRASTRUCTURE.
LET'S PLAY WHAT HE TO SAY AND
THEN COME BACK AND TALK ABOUT
IT.
MICHAEL ROLL THE TAPE, PLEASE.

A tape rolls with the caption "Sid Ryan. Canadian Union of Public Employees."

Sid is in his mid-fifties, clean-shaven and with short straight receding gray hair. He wears glasses, a striped dark suit, a light gray shirt and a striped silver and pink tie.

He says AT LOVE OUR MEMBERS WOULD
BE PUT OUT MUCH WORK AS A
RESULT OF THREE PROJECTS THERE
ARE FEWER WORK HE IS AND
PROJECT BECAUSE THE PRIVATE
SECTOR WANTS TO MAKE PROFIT.
WE ARE NOT ABOUT TO SIT BY
AND I HAVE ALREADY TALKED TO
SCHOOL TEACHER UNIONS TO FORM
COMMON FRONT TAKING ON
LIBERALS CITY.
AND EVERY SCHOOL BOARD.
WHERE THEY TRY TO BUILD PUBLIC
INFRASTRUCTURE USING OUR
PENSION PLAN MONEY AND P-3
PROJECT WE WILL TIED THEM
EVERY STEM OF THE WAY.

Steve says WELL DID THESE P-3 PRIVATE
PUBLIC PARTNERSHIP STILL MAKE
SENSE?

Bob says I THINK THEY DO.
I JUST FIND IT AMAZING THAT
SOMEHOW OR OTHER YOU CAN'T DO
PUBLIC PRIVATE SECTOR
PARTNERSHIPS.
HERE IN ONTARIO.
BUT WE CAN DO IN BRITAIN.
IT CAN BE DONE IN FRANCE.
THE SOCIALIST IN GERMANY CAN
DO IT.
IT CAN BE DONE IN DOZENS OF
STATES ACROSS THE UNITED
STATES.
BUT SOMEHOW OR OTHER WE HAVE
TO LISTEN TO POLITICAL
DINOSAURS LIKE SID RYAN AND
NOT PARTICIPATE AT ALL IN
PUBLIC PRIVATE SECTOR.
FIND IT MAZING.
I THINK YOU HAVE TO DO THEM
UNDER REASONABLE PRINCIPALS
THAT RESPECT THE PUBLIC
INTERESTS.
NOT LIKE THE CONTRACT
WITH THE 407 THAT WAS SOLD
OFF.
BUT I THINK BUT THERE ARE
CERTAINLY -- THERE HAS GOT TO
BE WAY OF DOING THINGS IT IS
GOING ON EVERYWHERE AROUND
WORLD BY SOCIALIST GOVERNMENT
NO LESS I THINK WE CAN DO IT
HERE AS WELL.

Janet says I AGREE WITH BOB.
THERE IS NOTHING WRONG WITH
PUBLIC PRIVATE PARTNERSHIPS IF
THEY ARE DONE WELL BUT I THINK
THE CHALLENGE FOR THIS
PARTICULAR GOVERNMENT IS AFTER
CRITICIZED EVERY TIME THEY DID
ONE, DUMPING ALL OVER ONES
THAT HAVE BEEN DONE LOOKING
FOR EVERY SIX WAYS FROM SUNDAY
HOW TO GET OUT OF CONTRACTS
AND HOW TO KILL P-3s IN
HOSPITAL AND HOW TO KILL
ANYTHING THAT IS INNOVATIVE
AND CREATIVE IN THAT.
HOW THEY CAN NOW GO OUT AND
SAY WE WANT TO HAVE PUBLIC
PRIVATE PARTNERSHIPS BECAUSE
BUSINESS IS GOING TO LOOK AT
THEM AND SAY, WHY SHOULD WE
TRUST THEM TO BE PART OF IT SO
THEY ARE SAYING THEY WANT
PUBLIC PRIVATE PARTNERSHIPS
WITHOUT THE PRIVATE PART OF
IT.

Floyd says BUT, THERE IS A DIFFERENCE
BETWEEN PUBLIC PRIVATE
PARTNERSHIPS AND USING PUBLIC
PENSION PLANS.
SUCH AS TEACHERS AND THE
PUBLIC SERVICES.
BECAUSE YOU CAN COULD DO THAT
PUBLIC SECTOR.
YOU DON'T HAVE TO GO TO
PRIVATE SECTOR TO DO THAT.
AND I THINK THAT PUBLIC SECTOR
UNIONS WOULD BE FOOL HEARTY
TO RESIST THAT.
WHEN NOW THEY ARE FUNDS ARE
BEING USED ELSE WHERE.

Bob says THIS MAKES NO SENSE.

Floyd says IN THEIR INTEREST EITHER TO
RESIST THAT I THINK IT IS
KNEE-JERK REACTION THAT DOES
NOT MAKE ANY SENSE.
NOW I CAN UNDERSTAND THAT
RESISTING GIVING TO PRIVATE
SECTOR TO DO PROJECTS BUT I
DON'T UNDERSTAND RESISTING
LETTING PUBLIC SECTOR USING
THOSE FUNDS FOR –

Janet says THAT'S A
GOOD POINT BUT LET'S GET...
GOVERNMENT PUBLIC SECTOR OR
PRIVATE SECTOR THEY ARE NOT
GOOD OR BATH ONE IS THAT THEY
DO DIFFERENT THINGS
DIFFERENTLY.
AND SOME DO THE PRIVATE SECTOR
CAN DO SOME THINGS WELL AND
GOVERNMENT CAN DO SOME THING
WELL.
AND THE PURPOSE OF PUBLIC
PRIVATE PARTNERSHIP IS TO FIND
THAT MAGICAL RELATIONSHIP
WHERE YOU TAKE ADVANTAGE OF
THE PRIVATE SECTOR ABILITY TO
DO THINGS MORE EFFECTIVELY.
EFFICIENTLY MANY TIMES.
AND THEN PUBLIC SECTOR CAN DO.
YES THERE IS NO QUESTION SOME
TIMES PUBLIC SECTOR CAN BORROW
AT LESS MONEY.
I MEAN THERE IS -- THERE A LOT
OF DIFFERENT THINGS IN THE
MIX.
BUT YOU COME OUT IT WITH WHAT
IS MOST COST EFFECTIVE WAY TO
GET THE QUALITY SERVICES THAT
YOU NEED TO GET THE
INFRASTRUCTURE BUILT THAT YOU
NEED.
YOU LOOK AT THE BILLIONS OF
DOLLARS OF INFRASTRUCTURE DEBT
WE HAVE IN THIS PROVINCE.
WHETHER IT IS POST SECONDARY
HOSPITALS SCHOOLS, ROADS,
SEWERS IT IS MASSIVE.
WE NEED THOSE PUB BLACK PRY
RIGHT PARTNERSHIPS TO DEAL
WITH THAT ISSUE.
IT IS WORKING IN OTHER
JURISDICTIONS.
AND BUT YOU CAN'T COME AT IT
WITH IDEA ALL THIS IS GOOD YOU
NEED TOUGH STANDARDS.
AND GOOD GOALS.

Floyd says THIS IS COMING FROM A TORY?

Janet says HEY.
COME ON.

Bob says I AGREE WITH WHAT YOU ARE
SAYING ON THIS I THINK IT IS
TIME TO GET ON WITH IT.

Janet says WE STARTED AND THEY WERE THEY

Bob says I THINK EVERYONE GOT GUN SHY BECAUSE THERE WERE
COUPLE THAT PERHAPS MADE
WEREN'T GREAT PROJECT IN
PUBLIC INTERESTS BUT I DON'T
THINK YOU THROW PUBLIC PRIVATE
SECTOR PARTNERSHIPS OUT AS A
RESULT OF THAT.
I THINK YOU GET BACK AT THE
TABLE AND YOU GET MOVING IF
ANYTHING WE ARE A LITTLE BIT
BEHIND IN THIS JURISDICTION
WE SHOULD GET MOVING QUICKLY
ON TO.

Steve says I WANT TO MOVE QUICKLY TO
HEALTH CARE.
BECAUSE YOU KNOW HOW MUCH WE
WILL SPEND ON HEALTH CARE IN
THIS PROVINCE NEXT YEAR.
ALMOST 33 BILLION DOLLARS.
THAT'S EXACTLY RIGHT.
DO YOU REMEMBER WHAT YOUR LAST
BUDGET WAS ON HEALTH CARE.

Floyd says I THINK IT WAS PROBABLY
AROUND 14 OR 15 BILLION.
I'M GUESSING 17.

Steve says 17 BILLIONS TEN YEARS AGO.

Floyd says JUST FREE SPENDING LIBERALS
AND TORIES.

Steve says WELL THE BIGGEST LINE IN
THE BUDGET IS FOR HOSPITALS.
12 BILLION DOLLARS WE ARE
GOING TO SPEND ON HOSPITALS.
FROM THIS AND THEY SAY IT IS
NOT ENOUGH IS HERE HILLARY
SHORT.

The caption changes to "Hilary Short. Ontario Hospital Association."

Hilary is in her fifties, with short straight white hair. She wears glasses, a blue tweed jacket and a pink turtleneck sweater.

She says WE ARE VERY WORRIED AND
DISAPPOINTED INDIVIDUAL
HOSPITAL WILL KNOW EXACTLY HOW
MUCH THEY ARE RECEIVING OVER
NEXT TWO TO THREE WEEKS.
AND THEN THEY WILL BE FACED
MANY OF THEM WITH QUITE
DIFFICULT DECISIONS.
BECAUSE AS YOU KNOW MANY OF
THEM WENT INTO THIS YEAR
ALREADY IN DISTRESSED
POSITION.
AND THEY -- THE INCREASED IT
LOOKS AS THOUGH INCREASE THEY
WILL BE RECEIVING IS JUST
INADEQUATE TO MAINTAIN
EXISTING LEVELS SERVICES.

Steve says IS THERE GOING TO BE ENOUGH
MONEY FOR HOSPITAL IN THIS
BUDGET BY THE TIME WE
RECONVENE IN THE YEAR?

Bob says I WOULD HOPE SO.
SINCE WE’RE SPENDING 32
BILLION DOLLARS ON THE LET
CARE SYSTEM.
AND YOU KNOW IT IS NEVER
ENOUGH FOR THE ONTARIO
HOSPITAL ASSOCIATION FROM WHAT
CAN I SEE AND THERE IS IT
CONSTANT WINING AND CARPING
FROM THE ONTARIO HOSPITAL
ASSOCIATION.
SO I THINK WE HAVE A CHOICE IN
THIS PROVINCE.
EITHER WE -- EITHER WE SHUT
EVERYTHING ELSE DOWN AND WE
ONLY DO STUFF THAT THE ONTARIO HOSPITAL ASSOCIATION DOES.
OR WE ESTABLISH SOME PRIORITIES
AND EDUCATION AND POST
SECONDARY EDUCATION IN AND IN
HEALTH CARE.
I THINK THAT'S WHAT THIS
BUDGET DID.
AND I THINK THAT WAS THE
PRUDENT AND RESPONSIBLE THING
TO DO.

Steve says FLOYD?

Floyd says WELL, I THINK THAT AND AM
HUGE FAN PUBLIC MEDICARE
OBVIOUSLY.
BUT, I WOULD BE VERY FIRM WITH
THE HOSPITALS.
ON EFFICIENCY AND STICKING
TO THEIR BUDGETS AND NOT GOING
TO INTO DEFICIT.
THAT'S ONE AREA OF THE PUBLIC
SECTOR THE PUBLIC SYSTEM.
THAT I THINK NEEDS TO BE
MONITORED VERY CLOSELY BY
GOVERNMENT AND I WOULD BE VERY
TOUGH ON THEM AS WELL.

Steve says JANET?

Janet says WELL I WE WILL SEE IF THEY
ARE STILL SO-CALLED THINK
HOSPITALS ARE WHINING WE HAVE
GOT COMMUNITIES WHERE
HOSPITALS HAVE BASICALLY
STOPPED PROGRAMS.
I MEAN I AM ON HOSPITAL BOARD
AND I KNOW IF ONE PARTICULAR
PROGRAM HAS PART OF OUR
KEEPING BUDGET BALANCED
PROCESS THIS PARTICULAR
PROGRAM MAY HAVE TO BE STOPPED
COMMUNITY GOING TO BE OUTRAGED
THERE GOING TO BE PROBLEMS
WITH THAT.
YOU WILL SEE -- WHAT'S THE

Steve says WHAT'S THE PROGRAM?

Janet says THERE HAS NOT BEEN FINAL
DECISION THAN I SHOULD NOT GET
INTO THAT BUT, THERE ARE
HOSPITALS LOOKING AT VERY
DIFFICULT DECISIONS.
AND IN ORDER TO ABIDE BITE
BALANCED BUDGET LEGISLATION.
AND THAT'S NOT GOING TO BE
EASY.
AND I WOULD ARGUE TOOTH OTHER
THING ABOUT THE MINISTER OF
HEALTH IS HE KNOWS WHAT
PRESSURES ARE IN THE HOSPITALS
BECAUSE IT HAS BEEN PEOPLE
THAT HAVE BEEN DOING LINE BY
LINE STUFF IN HOSPITALS THEY
KNOW THERE IS NO EASY
SOLUTIONS THERE IS NOT SORT
OF A LOT OF FAT IN THE SYSTEM
THERE IS THANKS CAN BE CHANGED
THEY ARE SAME GROUP TO THIS
GOVERNMENT THAT DOES NOT WANT
TO DO SOMETHING AND INNOVATIVE
CREATIVE WAY THEY ARE
SPENDING MONEY BUY BACK THE
MRI CLINICS THAT WERE RUN BY
INDEPENDENT PHYSICIANS THEY
WERE TRYING TO BREAK UP THE
P-3 HOSPITALS THAT WAS A WAY TO TRY
TO GET MORE CONSTRUCTION.
YOU KNOW SORT OF LEVERAGE
MONEY FROM PRIVATE SECTOR.
SO, I THINK THAT THEY ARE
KIDDING THEMSELVES IF THEY
DON'T THINK IN THE NEXT TWO OR
THREE YEARS WE ARE NOT GOING
TO SEE SOME REAL PUSH BACKS
FROM THE HOSPITAL COMMUNITY
NURSING COMMUNITY ABOUT WHAT
THIS MEANS.

Steve says OKAY.
MINUTE AND CHANGE TO GO.
AND I WANT TO ASK YOU TWO
FORMER FINANCE MINISTERS
ONE MORE THING.
HOW POLITICALLY CLEVER IS IT
TO SAY THAT YOU ARE GOING TO
BALANCE THE BOOKS TWO YEARS
DOWN THE ROAD.
WHEN IN FACT, YOU ARE REALLY
GOING TO DO IN TIME FOR THE
NEXT ELECTION.
THEY DON'T SAY THEY WILL DO IN
TIME FOR THE NEXT ELECTION BUT
THEY PROBABLY WILL.

Floyd says I THINK IT IS POLITICALLY
CLEVER AND UNLESS IT IS
TRANSPARENT AS THIS -- AS THIS
CASE.
SO I THINK TOO TRANSPARENT.
AND HE THAT HE
CAUGHT OUT ALREADY.
FEEL WERE CALLING HIM ON TO.

Janet says I THINK IT UNDERMINES
THE CREDIBILITY OF THE BUDGET
PROCESS I MEAN ARE SUPPOSED TO
BE DOING BUDGETS AS FLOWED
MADE PINT BETWEEN POLITICAL
AND WHAT SHOULD BE GOOD
POLICY.
AND I THINK YOU KNOW YOU
UNDERLINE CREDIBILITY A LITTLE
BIT.

Steve says LET ME SAVE 15 SECONDS FOR
BOB WHO WILL SAY THERE NOTHING
POLITICAL ABOUT THAT MOVE AT
ALL.

Bob says ABSOLUTELY NOT.
EVEN I CAN'T SAY THAT.
I WOULD BE VERY SURPRISED IF
BUDGET WAS NOT BALANCED ON
TIME.
IN 2007.

Janet says AND AUDITOR WILL CHECK IT.

Steve says IN TIME FOR WHAT BOB?

Bob says WELL, I BELIEVE THERE MAYBE AN
ELECTION THAT YEAR.

Steve says GRAND CONSULTATION FOR THE
PEOPLE.
BOB RICHARDSON GOOD TO SEE
YOU AGAIN.
FLOYD APPRECIATE YOU COMING
DOWN AS WELL.
JANET UNTIL NEXT TIME.
THAT'S "FOURTH READING" FOR
THIS WEEK I AM STEVE PAIKIN
UNTIL NEXT SUNDAY.
THANK YOU.

Music plays and the end credits roll, as Steve and the rest continue the conversation.

Queen's Park Bureau Chief, Susanna Kelley.

Producer, Erica Balch.

Editor, Paul Colbourne.

Director, Michael Smith.

A production of TVOntario. Copyright 2005, The Ontario Educational Communications Authority.

Watch: Budget Reaction