Finance Minister Dwight Duncan provided an emailed statement to the Windsor Star on Wednesday, March 7, 2012, regarding the OLG Slots at Racetrack program that contained a number of inaccurate statements
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Duncan's statement to the Windsor Star contained the following quote:
“Since 1998 the horse racing industry has received $3.4 billion in government support, including $345 million last year alone. That’s more money than we spend on water and road safety and more than 10 times the amount the governments of Alberta, B.C. and Manitoba provide to their horse racing industries combined. We as a government need to be accountable to the taxpayer and decide whether or not we’re spending their hard-earned dollars wisely. The review of the slots at racetrack program will help us to do just that.”
Minister Duncan claims the horse racing industry has received “government support”.
Fact Check: The horse racing industry has received no government support, but has received it’s share of revenue generated from OLG Slot machines at private racetracks in Ontario as part of a revenue sharing agreement with OLG.
Minister Duncan claims Ontario provides “more than 10 times the amount the governments of Alberta, B.C. and Manitoba provide to their horse racing industries combined.”
Fact Check: Alberta provides 67% of revenue generated by slots at racetracks to their horse-racing industry, while Manitoba provides 100% of revenue from slots at racetracks to their horse-racing industry. By comparison, Ontario provides just 20% to our horse-racing industry.
Minister Duncan claims tax dollars are being spent on horse racing in Ontario. “We as a government need to be accountable to the taxpayer and decide whether or not we’re spending their hard-earned dollars wisely.”
Fact Check: The OLG Slots at Racetrack Program is not a taxpayer subsidy. It contributes $1.1 billion dollars of profit to the Government of Ontario and provides taxpayers with $1.1 billion dollars worth of healthcare funding that does not come from tax revenue.
“We would hope the Finance Minister would stick to the facts when discussing the merits of the OLG Slots at Racetrack Program, because the facts demonstrate this is an excellent value for money,” said Sue Leslie, President of the Ontario Horse Racing Industry Association (OHRIA).
OHRIA has launched a website at value4money.ca to allow Ontarians to write members of Provincial Parliament to show their support for the horse racing and breeding industry in Ontario.
For More Information:
Sue Leslie – President, OHRIA
416 679 0741 [email protected]
(OHRIA)
i honestly think that the
i honestly think that the powers that be in the Liberal Party do not know what we are talking about and how the slot money is given out. Duncan talks as if the Govt. is giving the race tracks money when in actual fact it is a sharing agreement.
To settle this dispute, somebody (tax expert? ) has to take Duncan by the hand, sit him down at a blackboard and draw out on the blackboard the rules that have been agreed upon by both parties.
Only then will he understand what is going on. If the Liberals get their way on this, the next election will be going to another party.In the past, I have supported the Liberals financially. I am very close to stopping this and will support another party.Others in the public across Ontario feel the same way.
Do you want that, Mr. Duncan???
FACT: At 12.8 million (July
FACT:
At 12.8 million (July 2011) Ontario consists of 38.4% of the Canadian population.
BC 4.4 M 13.1% Manitoba 1.2 M, 3.6% and Alberta 3.6 M 10.9% together these 3 provinces consist of 27.4% of the Canadian population.
More interestingly the Ontario Liberal deficit is so large that it makes up more than 64% of the total deficits recorded by all the provinces in 2011-12, even though the province represents 38% of total Canadians. GDP (Statistics Canada, 2011).
It's not a wonder that we are in this predicament when the Finance Minister does not know the difference between a subsidy and a revenue sharing agreement.