The effects of a recession could set off a debt “doom loop” with the debt ratio spiralling upward.
Blog - Fraser Forum
The province's debt-to-GDP ratio will climb to a projected 22.5 per cent in 2025.
Ontario is approaching an all-time high in inflation-adjusted per-person spending.
The government increased projected nominal program spending by $10.1 billion since the fiscal update last fall.
The province's spending is forecasted to be $29.4 billion higher than previously projected for 2022/23.
The NFL has changed the rules over time, to better protect quarterbacks and promote a more offensively-oriented game.
Under the Ford government, inflation-adjusted per-person spending has increased by 2.4 per cent annually.
Only 39 per cent of Australians support a broad-based increase in personal income taxes.
Government workers in Ontario retire 2.5 years earlier (on average) than those in the private sector.
Public-sector capital investment is pegged at $48.5 billion over the next three years.
Subscribe to the Fraser Institute
Get the latest news from the Fraser Institute on the latest research studies, news and events.