Premier Kathleen Wynne is signalling her government is going to pay a great deal of attention to the province’s finances in its new term.

The number of ministers dedicated to managing the books will increase from one to three. Charles Sousa will stay on as Finance Minister, but he will no longer hold the twin portfolio of Treasury Board President. That is going to former Health Minister Deb Matthews. It will be her job to control the government purse as the Liberals try to wrestle the provincial deficit into the black. Matthews will also be in charge of negotiating with the public sector unions that helped elect the Liberals. Premier Wynne has said there will be no money for raises.

The third member of the finance department will be Scarborough-Guildwood MPP Mitzie Hunter. She joins the cabinet as Associate Finance Minister, in charge of implementing the government’s marquee pension plan.

Another big-ticket item will be the 29-billion dollars Wynne has promised for transit over the next decade. But Glenn Murray won’t get to spend that. He’s being moved from Transportation to the Environment. Vaughan MPP Steven Del Duca joins the cabinet in Transportation.

Dr. Eric Hoskins will take over from Matthews in the Health portfolio.

Liz Sandals is expected to remain Education Minister.

The cabinet will be sworn in at 2:00 this afternoon.