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© a OPINION ptember 8, 2022 “HELPING OUR “PROVINCE PROSPER © ONTARIO BUDGET g FOCUSES ON 2 LOWERING COSTS 3 AND CREATING JOBS, WRITES STEPHEN CRAWFOR STEPHEN CRAWFORD Column Ontario govern- ment is set to lower costs for families and workers and enable businesses to changing The "Ontario Budget 2022: Ontario's Pla Build is proposing to ee. vide an additional $300 in Personal Income Tax (PIT) relief, on average, to about 1.1 million taxpayers by en- hancing the Low-income i Famili Lowering child. care fees and securing a fair deal for Ontario by signing a $13.2- billion agreement with the federal government is important step toward achieving an average of $10- a-day child care by Septem- ber Son Ontario workers de- serve better jobs and bigger paycheques. Strong educa- ion and training are major determinants in an econo- my's growth and future success. Our government is investing $1 billion annual- ly and risdictions in a global race to 0 develo a and own critical technolog’ This lan will create new world- class mani Ontario is positioning to become a North American leader 1 in building electric and has already seen more than $12 billion in new investments in vehi- cle and battery production mandates in the last two years. The province is imple- menting a long-term plan e address the housing cri- is. This includes support- ing the creation of all hous- buyers over foreign specu- lators, cracking down on unethical developers and committing to introducing a housing supply action plan every year for the next four ur years. le provincial govern- ment is investing $25.1 bil- lion over the next 10 years to support the planning and construction of high- way projects across the province. In addition, the govern- ment is making it less ex- pensive to drive by elimi- nating and refunding li- cence plate renewal f foes for vehicles, cutting the gas tax by 5.7 cents per litre for six months from July 1, 2022, and removing tolls on highways 418 and 412. ,owering costs and cre- ating jobs is Ontario's plan. Stephen Crawford is the MPP for Oakville. He can be reached at stephen.craw- de la.org. trainin ‘ing programs to help people retrain and upgrade € their skills. Ontario i is also investing 5 nearly $107 million over the § next three years to help the % province compete with ju- 2 TO LEARN HOW TO SUBMIT YOUR OWN CONTENT VISIT INSIDEHALTON.COM SNAPSHOT Lyn Wiggins photo Aswan soars over Bronte Heritage Park. Do you have a great local photo you'd like to share? Send it to sleblanc@metroland.com, along with a brief description. WHY INVESTORS SHOULD UNDERSTAND THE MARKET In Canada, only 33 per cent of managers outper- formed the underlying in- dex after one year. After five and 10 years, the o ays were experienced by Sie information comes from S&P Dow Jones Indi- SPIVIA stands for Stan- dard Poor Index vs Active. Som ave been successful at beating the underlying market. Based on past results, that is she SIGN UP FOR OUR WEEKLY NEWSLETTER AT INSIDEHALTON.COM lived and not jndlcative of future out-performal Asan investor, what c can be learned from this? One. Outperforming the stock market is diffi- cult. Managers buy and PETER WATSON Column sell stocks and there ement fees and trad. ing costs incurred. When these costs are considered, it is under- standable to expect less than half the managers will outperform the under- ager beats the market that does not automatically their winning streak mance results last year is not a reliable indication that history will repeat it- Three. There is acost to investing in stocks. That is areality. An investor can be pro- active and ensure those costs are reasonable. Your goal as an investor is to get eyo0d value for in- vestment services. Peter Watson is regis- tered with Angra Capital Partners Inc. (ACPI) to provide investment advice. Investment products are provided by ACPI. ACPI is member of the Invest- ment Industry Regulatory Organization of Canada. The opinions expressed are those of the author and not necessarily those of ACPI. Only investment-related prot ind services are offered through Watson Securities of ACPI. Watson provides wealth manage- ment services through Watson Investments. He can be reached at www.watsoninvestment- This newspaper, published very Thursday, isa is so of pli, a brite ‘owned iene of Torstar Corporation. The Metroland family of newspapers is comprise of more than 70 community publications across Ontario. This newspaper is a member of the pate NewsMedia Council. omplainants are urged to bring ther concerns to the attention of insidehalton@metroland.com facebook.com/OakvilleBeav @OakvilleBeaver WHO WE ARE a and Operations Dana Rol Regional Genera Manager Jason Pehor Director of Sontot Regional Mareaing Editor Catherine O'Hara Managing Editor faen Miceli leped or Distributior Charlen Circulation | Manager Kim Mossman rectors of Advertising Cindi Campbell and Graeme Macintosh Director Creative Services Katherine Porcheron CONTACT US Oakville Beaver 901 Guelph Line Burlington, ON L7R 3N8 Phone: 905-845-3824 Classifieds: 1-800-263-6480 Advertising: 289-293-0620 am ait delivery inquiries, please lossman@metroland.com or all 905-631-6095. Letters to the editor Send letters to insidehalton@metroland.com. All letters must be fewer than 320 words and include your name and telephone number for verification purposes. We reserve the right to edit, condense or reject letters. 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