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Peter Shurman skeptical of McGuinty bailout of Ford

Feb 27, 2010

FOR IMMEDIATE RELEASE

FEBRUARY 26, 2010
 
 

Is There a By-election Going On in Windsor?

PC Economic Development Critic skeptical of McGuinty bailout of Ford  
 

...?Today?s announcement brings the total bailout from Premier McGuinty to Ford Canada to a staggering $98 million.  That?s $130,000 per job that might materialize over the next 5 years ? there are no guarantees.  Hardworking Ontarians have a right to expect that their government, which has saddled them with a $25 billion deficit, would look for a much better return on bailout financing, funded with borrowed money.  This rich gamble is the desperate act of a desperate Liberal government that buys investments instead of creating conditions capable of attracting them,? said Shurman.

...?Given the current pattern of this government, not to mention that Windsor?s unemployment rate is still sitting over 10%, one might conclude there?s a by-election going on in that city too,? Shurman stated.

-30-

 

FOR IMMEDIATE RELEASE

FEBRUARY 26, 2010
 
 

Is There a By-election Going On in Windsor?

PC Economic Development Critic skeptical of McGuinty bailout of Ford 
 

(Queen?s Park) ? Thornhill MPP and PC Critic for Economic Development, Peter Shurman criticized the McGuinty government for what amounts to a bailout of the Ford plant in Windsor, announced today by Economic Development Minister and Windsor MPP, Sandra Pupatello.

?Today?s announcement brings the total bailout from Premier McGuinty to Ford Canada to a staggering $98 million.  That?s $130,000 per job that might materialize over the next 5 years ? there are no guarantees.  Hardworking Ontarians have a right to expect that their government, which has saddled them with a $25 billion deficit, would look for a much better return on bailout financing, funded with borrowed money.  This rich gamble is the desperate act of a desperate Liberal government that buys investments instead of creating conditions capable of attracting them,? said Shurman.

During the recent Toronto Centre by-election, the McGuinty Liberals pledged $15 million to save the Grace Hospital located in the riding.  With the current by-election in Ottawa-West Nepean, the McGuinty Liberals have promised financial assistance to Nortel pensioners, many of whom live in that riding. 

?Given the current pattern of this government, not to mention that Windsor?s unemployment rate is still sitting over 10%, one might conclude there?s a by-election going on in that city too,? Shurman stated.

-30-

 
For further information please contact:

Debbie Osske, Executive Assistant

Office of Peter Shurman, MPP-Thornhill

(416) 325-2505, debbie.osske@pc.ola.org

A Message From Peter
Thank you for visiting www.petershurman.com. This website has been designed specifically with you in mind to help connect you to the various services and activities available in the riding of Thornhill and Ontario and to also show you first hand what I am working on.
I also want you to think of this website as another avenue to let me know what is important to you. I encourage you to browse this site as you will find local and provincial updates and information. 
It is my privilege to represent you and I welcome your comments and feedback. You can reach my Thornhill office at 905-731-8462, my Queen’s Park office at 416-325-1415, or email me at peter.shurmanco@pc.ola.org.
It is my job to make sure the people of Thornhill are well represented and I can assure you it is a job I take very seriously.
Thank you again for visiting the site and if there is anything that I can do to help please do not hesitate to contact my office and speak with Noah, Ari or Debbie.
Thank you again!
Sincerely,

Peter Shurman, MPP
Thornhill
 

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