The Ford government will spend an estimated $12,405 per person this year compared to the Wynne government's average of $11,784.
No Sign of Significant Debt Reduction or Tax Relief in Ford’s Spring 2023 Budget – It’s All Spend, Spend, Spend!
The government plans to increase spending by 8.6 per cent.
Annual debt growth has increased substantially since 2018 when the Ford government took office.
Between 2018/19 and 2022/23, the Ontario government expects a 6 per cent increase in inflation-adjusted per-person spending.
It’s always easier to promise fiscal restraint several years down the road than actually deliver on it.
The province's net debt has climbed from $338 billion in 2018 to more than $400 billion.
The government has increased per-person spending by more than 10 per cent between 2018/19 and 2020/21.
Ontario's debt interest costs will rise by 21 per cent.
According to government forecasts, Ontario’s debt will climb to $502 billion in 2023/24.