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Ontario NDP releases its election platform with big spendings - but math "doesn't add up" when it comes to housing

Published Feb 21, 2025 at 6:56pm

Barbara Patrocinio
By
Barbara Patrocinio
Ontario NDP releases its election platform with big spendings - but math "doesn't add up" when it comes to housing

Ontario NDP Leader Marit Stiles talks with media after casting her ballot in her riding of Davenport in the Ontario provincial election, in Toronto, Thursday, Feb. 20, 2025. Ontario's NDP is promising $70 billion in new spending over three years, along with $37 billion in new revenue and savings, including increasing capital gains taxes, creating new tax brackets for ultra-high earners, and imposing a luxury residence tax.THE CANADIAN PRESS/Giordano Ciampini

With a week to go for voters to head into the polls for the Ontario election, the NDP has released its costed platform. The NDP proposals involve major investments to address the rising cost of living, introducing new taxes and reallocating government funds to balance the books - but the math doesn't seems to add up, especially concerning housing.

Big spendings:

The NDP’s plan involves billions in new spending over the next three years. Some of the key investments include:

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