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Waterloo Chronicle (Waterloo, On1868), 9 Apr 2003, p. 5

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"On the revenue side this budget is based on econom:â€" *ic growth of greater than 3.5 per cent, and there is no economist in the province of Ontario who is projecting that kind of growth in the economy over the next year," he said. "They‘re overâ€" playing their revenue. Provincial budget is smoke and mirrors, Strickland claims ile the provincial government was crowing about its fifth consecutive balanced budget last week, local Libâ€" eral candidate for the Kitchâ€" enerâ€"Waterloo riding Sean Strickland wondered about the numbers. "This budget is basically smoke and mirrors," said Strickland. "The fact that it wasn‘t tabled in the legislaâ€" ture makes it more of an economic opinion or a statement than it is a bonafide budget." Strickland said the assumptions made in the budget were unrealistic given the economic uncerâ€" tainty caused by world events. "The only way this budgâ€" et is going to be balanced is if they sell $2.2 billion worth of assets." With so much of the budget projections dependâ€" ent on the sale of provincial assets, Strickland wondered what was on the chopping block. "What are they going to sell for $2.2 billion dollars?" he asked. "Is Ontario Hydro back on the table if they get reâ€"elected? Is the LCBO back on the table again if they get reâ€"elected, or are they going to sell TV Ontario? These are the only assets they have of considerable size that could generate that kind of revâ€" The concerns about Ontario Hydro being back on the table were also raised by the Ontario Electricity Coalition and the Ontario Federation of Labour at a meeting of the Waterloo Regional Labous Council "Emie Eves deregulated electricity prices and when hydro bills went sky high he introduced a phony rate freeze," said Paul Kahnert, an outspoken critic on hydro deregulation from the OEC. "The fact is as soon as the rate freeze gets too expensive our rates will soar again. By Bos VRBANAC Chronicle Staff "The only way this budget is going to be balanced is if they sell $2.2 billion worth of assets." Sean Strickland Kâ€"W Liberal candidate "The only way to stop this electricity crisis is to restore notâ€"forâ€"profit public Providing adequately for family members and loved ones Ensuring your estate is distributed in the most effective way Minimizing taxes Insurance and annuities are offered by Edward Jones insurance Agency (except in Quebec). in Quebec, insurance and annuities are offered by Edward Jones Insurance Agency (Quebec) Inc To reserve your seat or for more information about this broadcast, please call or stop by today. 370 University Ave. E Waterloo, ON NZK 3N2 ww w.edwardjones.com Member CIPF Wayne Samuelson, presiâ€" Tuesday, April 15, 2003 Westmount Place 50 Westmount Ré. N Waterloo, ON. N2L 2R5 EdwardJones will be served at 6:30 pm dent of the Ontario Federaâ€" tion of Labour, said the question of what to do about the province‘s elecâ€" tricity supply should be a question every voter asks in an upcoming provincial election. "I want the people of Ontario to turn up the heat on candidates in the coming Ontario election and find out where they stand on the deregulation crisis in electricity and if they support the restoration of notâ€"forâ€"profit public power." _ Strickland is in favour of keeping the power supply in public hands, and wonders if the provincial government is as committed. "For this budget to work, it‘s similar to a homeowner having to sell their house to pay for the hydro bill," he said. "It‘s completely unrealâ€" Strickland said there are Gary Van Moerkerke 465 Phillip St. Unit 9A Waterioo, ON N2L 6C7 746â€"0118 even fewer details in the education portion of the budget that won‘t be fully rolled out until 2006. 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