Over the last 15 years, the province has run 14 budget deficits.
ontario government spending
The government can hold nominal spending flat for one year without creating any management challenges.
The province's post-1990 average per-capita annual income growth rate was barely one-quarter that of its 1960 to 1990 rate.
The province’s $5.6 billion operating deficit is just the tip of the iceberg.
According to the government’s new projections, the deficit will be $5.6 billion—quadruple what it projected earlier this year.
The province plans to spend $14.1 billion on debt interest in 2023/24.
The Ford government will spend an estimated $12,405 per person this year compared to the Wynne government's average of $11,784.
The budget plan lacks a comprehensive vision to enhance the province's competitiveness.
The budget projects a deficit of $1.3 billion this year.