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Yesterday, Ontario Minister of Finance Greg Sorbara tabled his fourth budget in the Legislature. As reported by the media, Budget 2007 is focused primarily on children and poverty with commitments to increase the minimum wage, enhance childcare, among other things.
The government is increasing the overall health care budget to $37.9 billion from $36.1 billion last year (representing a 5% increase overall). This amount will rise to $39.8 billion in 2008/09 and $41.5 billion in 2009/10. In other words, approximately $0.46 cents of every dollar of government spending will go towards health care in 2007/08. Many of the health commitments support ongoing initiatives. I'd like to share some health highlights using the five domains of our Purpose Statement - We, Caring, Creative, Accountable and Academic.
There will be lots of media coverage and analysis today and in the following days. I encourage you to read the full budget on the Ministry of Finance's website http://www.fin.gov.on.ca/english/index.html