Premier Dalton McGuinty is warning of belt-tightening ahead of the fall economic statement, but says raising taxes is not part of the plan.

McGuinty says government finances have taken a hit from the recession, and that means caution is needed when it comes to funding increases for any program.

McGuinty isn’t saying whether those tough choices mean things like job or program cuts, but adds tax hikes are not on the table.

He says the government will still support key priorities like health, education and social programs for the most vulnerable.

Although the Children’s Aid Society says it’s facing a $67-million shortfall and is calling on the government for help, McGuinty would only say the government and the agency will have to find a way to work together through the economic downturn.