 Orders of the day, Government House Leader? Good afternoon, Speaker. Government notice motion number one. Government notice motion number one, Mr. Sousa. Mr. Speaker, I move. Mr. Speaker, Government notice motion number one. Mr. Speaker, I move seconded by Miss Nguyen that this House approve in general the budgetary policy of the government. Mr. Sousa has moved seconded by Ms. Nguyen that this House approve in general the budgetary policy of the government. I would ask everyone's indulgence as the budgets are being dispersed and to don't put anything in the area for which we can have our pages delivered. Minister of Finance. Mr. Speaker, as I was saying, I would like to present the 2014 Ontario budget. 74 days ago we tabled a plan in this legislature for the people of this province. It was a good one for a stronger future. A plan that creates greater opportunity and security for Ontarians in all corners of our province. We committed to reintroducing this budget if elected through on that commitment today. Home I was taught to look out for others, not just yourself, to be open minded to seek input and then make informed decisions. So since I last tabled this budget we took that plan to the people, from Sault Ste. Marie to Scarborough, from Windsor to Walkerton, from Barrie to Burlington and they entrusted us and our plan. A plan that we begin to move forward today. Mr. Speaker, Ontarians' talent and skills, compassion and competitiveness their diversity and support for one another are what make our province so great. Our plan builds on those strengths. Our plan provides more opportunity. Our plan helps everyone achieve their best and that helps grow the economy. It's designed to support all people of our province and does so by investing in education and training that are necessary for the skills of tomorrow. By building more public transit to reduce congestion. By connecting communities across the province with new roads and highways. By partnering with businesses to create good jobs and by providing greater financial security for those retiring. And underlying our plan is an unwavering commitment to the budget by 2017-18. Mr. Speaker, our plan looks not only at the days ahead but also the decade ahead. We have an economy with great potential. We have a reputation as a hub for global business. Companies around the world want to invest in our province. In fact, Ontario is ranked first in North America for attracting foreign direct investment. And we have one of the most diversified economies in the world. That's why our plan invests today for a better tomorrow. We will make the right investments in skills and training. In an infrastructure and in business to strengthen our competitive advantage. To create more possibilities and jobs. To create more possibilities and jobs. We will protect full-day kindergarten and the 30% off Ontario tuition grants. For years learning through post-secondary we want to ensure Ontarians build the right skills through their lifetime. And for those who have just graduated from high school, we will introduce Experience Ontario. A program that would give young adults valuable work experience before they choose their path in life. And as mentioned on May 1st, we're introducing a new $2.5 billion jobs and prosperity fund. We'll use this fund to partner with businesses to encourage new investment in Ontario. And we'll make the investments so people can keep us at the leading edge of innovation. This will help businesses grow and it will help them hire more people. Mr. Speaker, we also know we live in a global economy. So we will continue to go to other parts of the world to encourage more companies to invest here in Ontario. As a premier announced in the throne speech, the first trade mission of this government will begin in China in the fall. Mr. Speaker, when I was here last I said that Ontario's growth has outpaced its infrastructure for decades. Governments of all political stripes failed to make the necessary investments to unclog our highways. And while over the last 10 years we've made major investments to improve public transit, roads and highways and bridges, there's still more to do. We need to position our province for the future. We need to move forward for a plan that will improve not only the lives of Ontarians today but also the lives of our children and grandchildren tomorrow. Our transportation plan, moving Ontario forward, would dedicate two new funds to fight traffic congestion and invest in transit totaling $29 billion. The first would help address congestion in the Greater Toronto and Hamilton area. And the second fund would invest in critical projects across the rest of the province. We're part of a $130 billion 10-year investment in infrastructure and not just for roads and highways, we're also investing in new schools and hospitals and other priorities. And we're working to ensure our infrastructure will withstand the extreme weather we're now experiencing due to climate change. Our plan will stimulate jobs and economy and will help businesses get their goods to market faster making them more competitive that enables growth and the hiring of more people. And our plan will also help people get to work home and school more quickly and safely. All of this means long-term prosperity for Ontario and an even better quality of life for our families. Mr. Speaker, we will also invest $1 billion for the development of the Ring of Fire in Northern Ontario. The area contains $60 billion worth of minerals including for the production of stainless steel. And we'll continue to work to bring the federal government to the table as a partner to seize on this tremendous economic opportunity for both the province and our country. As part of our plan and in keeping with the public's priority, we must also help secure the retirement of people who have worked their whole lives. Unless we take action now, too many workers will be left with a lower standard of living and that would be unacceptable. That is why we're introducing the first of its kind mandatory provincial plan to build on the Canada Pension Plan. And we've appointed an associate minister responsible for implementing our new pension plan because after a lifetime of contributing to the economy retirees deserve better. As I said before, our plan would build on the strengths of the CPP. Our plan would enhance benefits for middle income earners while keeping contribution rates low. The Ontario Retirement Pension Plan would be publicly administered at arms length. The ORPP would have a strong governance model with experts responsible for managing investments. Mr. Michael Nobrega is here also chairing that implementation strategy. We appreciate his efforts as well. Mr. Speaker, we're moving forward with this plan. And in just a few weeks ago, the premier, the associate minister of finance and I met with the technical advisory group. We're all working to introduce this new pension plan in 2017. And going forward, we'll continue to engage with other provinces and territories and welcome them to join our plan. And we hope, we hope that all members of this house will support it as well, just like the majority of people in Ontario. Mr. Speaker, our government is committed to balancing the budget by 2017-18. We are on track to beat our deficit target for the fifth year in a row. This means that over the last five years Ontario's debt is $24 billion lower than originally projected. And since 2010-11, our growth and program spending has been held to an average of 1.4% per year. Over the next three years, average growth and program spending will be less than 1.1% a year. Mr. Speaker, we acknowledge that there are skeptics, but let me be clear, let me be clear, we will balance the budget by 2017-18, we will control expenses, we will eliminate the deficit and we'll continue to cut where we can, but we will continue to invest where we must, all of which supports our priority to balance the budget. In order to support a stronger economy and create more jobs, that means, Mr. Speaker, we must control our expenses. We will continue to manage compensation with our broader public sector partners to ensure that all costs are within Ontario's existing fiscal framework. And we propose to continue to freeze MPP pay as of April 1, 2009 until the budget is balanced. And Mr. Speaker, we have a proven track record managing expenses and achieving deficit targets. And I commit to continuing to meet those targets going forward. And Mr. Speaker, we will not stop once the deficit is eliminated. We will continue to control those costs in order to further reduce debt because we must not allow future generations to face that burden. We must do what we can now in fairness to our children and grandchildren. And Mr. Speaker, the new president of the Treasury Board will work closely with me and the Premier and the Treasury Board members and our cabinet colleagues to meet our fiscal objectives. Accordingly, we must also act on the revenue side. As noted in the budget, we're proposing to increase aviation fuel tax by 1 cent per leader until September 1, 2014, and by 1 cent per leader annually until 2017. I also previously identified changes to the Ontario Small Business Deduction to phase out this tax benefit for large corporations. And as indicated, we propose a personal income tax change for the highest 2% of tax filers in Ontario. In addition to our measures on the expense side, these additional revenues would help to fund transit and to pay down the deficit. Mr. Speaker, we will also look at maximizing and unlocking the full value of government assets, including real estate and cram corporations such as OPG and Hydro One and the LCBO. We will receive independent advice from an advisory council led by retiring CEO of TD Bank, Mr. Ed Clark. Unlocking the full value of these assets means improving efficiency and enhancing their performance and revenue. We owe it to all Ontarians to extract greater worth and returns for them as taxpayers, the ultimate owners. We will reinvest those assets to create greater returns and build a stronger future. Mr. Speaker, let's also keep in mind that Ontario runs the leanest government in Canada. We're moving forward with more than 80% of Don Drummond's recommendations for creating efficiencies in the public sector. And we're surpassing expectations throughout the system. We continue to have the lowest per capita program spending of any province. So it's important that we find the right balance. We'll continue to reduce and eliminate the deficit while ensuring that we invest in vital public services. Mr. Speaker, the people of Ontario want their government to provide services so that they can achieve their best. That's why we will lead from the activist centre, building opportunity securing their future. Our government is making Ontario schools and hospitals among the best in the world. So as part of our plan we will look to transform delivery and cover costs while maintaining the quality of those services. In May I spoke about the workers in developmental services, early childhood educators and those providing care in the homes of our elderly. We must do more to help those workers. We are increasing the support that we provide these valuable care workers. And Mr. Speaker, we will also continue to foster consumer protection and reduce everyday costs for Ontario families. Particularly when it comes to auto insurance. We'll reduce auto insurance rates by 15% on average in Ontario over the two years. While progress has been made more must be done. Given the delayed passage of an important bill prior to the election that would have lowered costs this spring so I will reintroduce legislation tomorrow that takes aim at unfair practices in the towing and storage process of vehicles involved in accidents. We will continue to find new ways to reduce costs in the system and pass on those savings to consumers. Mr. Speaker, we're also introducing amendments to the pension benefits act. Previously part of Bill 151 which would include changes to help those affected by split pensions resulting from past government divestments. And finally we're proposing changes to the electricity act which were previously introduced in Bill 153 complying with International Trade Obligations Act of 2014. Mr. Speaker, the federal government must partner and work better with the provinces including Ontario. Just last week we made some headway. Two new provinces, Saskatchewan and Brunswick signed on to be part of a cooperative capital's market regulatory system. A cooperative regulatory would strengthen securities regulations across the country and increase protection for everyday investors. And Ontario was a leader in pursuing it. We need a strong, sustainable partnership in all areas. Mr. Speaker, we are all partners and Ontarians expect that we will ensure that they all have equal ability to achieve to help pull people out of poverty through programs such as the Ontario Child Benefit. To give everyone the ability to succeed through skills training in a world-class education system. And when it comes to the Ring of Fire, we expect the federal government to partner with us because it is a national economic priority. We're looking for a federal partner to build better transit because it is a national economic priority. Mr. Speaker, we are simply looking for a federal partner to treat Ontarians fairly because it is also an economic priority. Each year the share of federal revenue raised in Ontario is higher than the share of federal spending in the province. And in a recent report the gap was pegged at about $11 billion. This means that Ontarians' taxes are currently redistributed to other regions of Canada to subsidize programs and services that Ontarians themselves may not enjoy. And Mr. Speaker, no province is a more staunch supporter of Canadian federalism than Ontario. But this support cannot be taken for granted. Our economy needs a boost but we have a federal government that by their actions is hampering that recovery. In 2014-15 our province will experience a year over year decline of $641 million in major transfers. According to the parliamentary budget officer, the federal budget officer, over the last four years the federal government paid a total of $2.2 billion to other provinces to specifically prevent their transfers from falling. And this year when Ontario was the only province facing a decline the federal government ended the practice of transfer protection payments and that is out of why. Ontario deserve their fair share too. So Mr. Speaker, we know that we are stronger when we all work as one. We must continually move forward. Mr. Speaker, with the right plan and the experience to deliver that plan, this decade will see Ontario move forward in the new global economy. We will continue to be mindful of how we spend each dollar. We will eliminate the deficit by 2017-18. We will make the necessary investments to grow the economy create jobs, build new public transit and rose for our people and our communities. We will ensure a more secure retirement and our government will deliver on this plan. Mr. Speaker, Ontarians saw and see the potential of this plan for a stronger Ontario with new opportunities a more secure future. And I'd like to thank them for their hard work in making Ontario a great province. And I'd like to thank them for their confidence in their government newly elected on this very budget Mr. Speaker. It is a privilege and we will honour it. They have asked us to implement our plan. Mr. Speaker, that is exactly what this government is going to do. Thank you Mr. Speaker. Thank you to our team for standing up. The official opposition house leader and the member from Leeds Grandville. I move the adjournment of the debate Speaker. Mr. Clark has moved adjournment of the debate. Do we agree? Mr. Speaker, I would ask the House to revert to the introduction of bills. So ordered introduction of bills Mr. Finance. Mr. Speaker, I move that Leed be given to introduce a bill entitled an act to implement budget measures and to enact the amend and amend various acts and that it now be read for the first time. And I'll give it to Katie. Thank you. Mr. Sousa moves that Leed be given to introduce a bill entitled an act to implement budget measures and to enact and amend various acts and it now be read for the first time. Is the pleasure of the House of Motion carry? This is a bill entitled an act to implement budget measures and to enact and amend various acts. First meeting of the bill. Mr. Speaker, I have no statement at this time. Thank you. Government House Leader. Mr. Speaker, I move adjournment of the House. Government House Leader has moved adjournment of the House. Do we agree? Agreed. I heard a no. All those in favor say aye. All those opposed say nay. The House is adjourned until tomorrow morning at 9 a.m.