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Rotary Gets Briefing By MPP on Budget The Claririgton/Courtice Independent, Bowmanville, Saturday, June 1,1996 11 Durham East MPP John O'Toole was at the May 23rd meeting of the Bowmanville Rotary Club to review highlights highlights of the provincial budget. "The May 7th budget affects each and every one of us," O'Toole told Rotary members and guests. O'Toole said the Tories are simply following through on their election promise to trim the deficit to $8.2 billion this year and to $6 billion by 97-98. "That was our Common Sense platform; you can't spend more than you bring in." Now, the government is going ahead with its plan to reduce the size and cost of government government and leave more money in the pockets and purses of the people who earned it. "We started with ourselves. No more gold-plated pension plans, no more double dipping," dipping," O'Toole said, in describing describing the attitude of MPPs. Reduction to the size of the civil service should be achieved largely through attrition,, said O'Toole. Grants to schools and hospitals hospitals will also be cut. And, to boost individual spending power, Ontario's income tax rate will be cut by 30 percent over the next three years. The Tories are counting on this to stimulate the economy. economy. The first step of the income tax cut will take effect July 1, 1996, when the amount deducted deducted from paycheques will be reduced to reflect a tax rate of 54 percent of Basic Federal Tax. The second step will take place January 1, 1997. When the tax is fully implemented, the tax rate will be 40.5 percent. percent. In a further effort to stimulate stimulate job creation, the first $400,000 in annual payroll will be exempt from the Employer Health Payroll Tax. "Any tax on jobs is a disincentive disincentive to hiring people," said O'Toole Cutting the payroll tax will be a boon, especially to small and medium size businesses. O'Toole points out that these firms are responsible for generating generating up to 85% of new jobs in the province. Other budget highlights include: - A newly-introduced Cooperative Cooperative Education Tax Credit designed to assist young jobseekers jobseekers and employers. Under the plan, employers may be eligible eligible for up to $1,000 per co-op placement. - To maintain Ontario as a major player in the North American film industry, the government is providing refundable film and television tax credits for eligible labour costs in Ontario. - To promote growth in rural Ontario, the government is providing providing $15 million to stimulate competitiveness in the agriculture agriculture and food sector. It will rebate the retail sales tax on building materials used to upgrade or modernize farm operations. Before You Get A Brand New Mini-Van, Please Consider This ... Q How do you sell Mini-Vans when all the competition constantly clamours that their vans are the cheapest? a First, agree with their point about cheapness. ■ Then, start pointing out all the many, many ways that your Mini-Van is better than any other. The 1996 Quest NISSAN We offer as standard equipment... •Air Conditioning • 7 Passenger Quest-Trac Seating • V6 Power • A plush, comfortable interior • The most carlike suspension on the market • An overdrive automatic transmission • Creature comforts like AM/FM cassette, tilt and intermittent wipers • A safety group, not only with dual airbags and guard beams, but also headrests and shoulder belts for all 6 outboard passengers, and the list goes on ... • We back it with the best standard warranty around, which includes 5 year major component coverage and roadside assistance. • When you make your apples-to-apples Mini-Van comparison, you'll probably find the Nissan Quest is, well, a real peach. ON SALE FROM *24,487* LEASE FROM $ 363/lYIO a * (Lease based on 36 month term with $2,560 down. Security deposit required.) 'Plus freight and prep, taxes and licence. MIDWAY NISSAN 1300 DUNDAS STREET EAST, WHITBY HWY. #2 JUST WEST OF THICKSON 668-6828 "SERVING DURHAM SINCE 1960" , „ Proud To Be Better - Not Just Different! z o DUNDAS ST. E z n. ~~ify oc LU O HWY. 401 * So * g ~zr < "X" i- And, because the government government recognizes the reality of two-income families, said John O'Toole, support available for child care will increase by $200 million over the next five years. The budget also introduces measures to provide charitable organizations with up to an additional $180 million annually, annually, O'Toole said he has great respect for the Rotary Club, whose members live up to their motto: Service above Self. Mr. O'Toole writes a regular regular Queen's Park report for The Canadian Statesman each week. His political career began in 1982 when he was elected as a trustee to the local Separate School Board. The father of five later served as a local councillor and a regional councillor before being elected at Member of Parliament in 1995. The featured speaker at the May 23 meeting of the Bowmanville Rotary Club was Durham East MPP John O'Toole (centre). Mr. O'Toole explained how the May 7th budget is expected to stimulate job creation through a cut in personal income tax and cuts to the Employer Health Payroll Tax. Thanking the MPP for his timely remarks are Rotarian John Risk, at left, and Club President Chris Mendes. ON SUNDAY, JUNE 23RD, WE'RE GENERATING INTEREST. Come and join us for an Open House at Darlington Nuclear Generating Division. Take a bus or walking tour of the site. See inside our control room, our fuel bay and our giant turbine hall. Stroll the Waterfront Trail. And check out the displays at our information centre. ThereTl be lots to see and do for children and adults alike - and it's all free. But come equipped with walking shoes and a good two hours to spend. Because on June 23rd, Darlington will generate more than electricity. WeTl generate interest. OPEN HOUSE DARLINGTON NUCLEAR GENERATING STATION Sunday, June 23, 1996 10:00 a.m. to 3:00 p.m. Let us know you're coming! To help us plan the best Open House possible, we're asking all Open House visitors to register in advance. Just call (905) 697-7554 any time before June 16. Wheel-chair access provided. Ontario Hydro