The budget projects a deficit of $1.3 billion this year.
Ontario's government debt has reached nearly $400 billion.
The province's government debt burden equals 38.7 per cent of the provincial economy.
The province's spending is forecasted to be $29.4 billion higher than previously projected for 2022/23.
Under the Ford government, inflation-adjusted per-person spending has increased by 2.4 per cent annually.
Ontario’s net debt increased from $373.6 billion in 2020/21 to $380.4 billion in 2021/22.
The province holds $380.4 billion in debt—or nearly $26,000 per Ontarian.
The government plans to increase spending by 8.6 per cent.
Between 2018 and 2024, the Ford government will increase debt by a forecasted average of $20.7 billion annually.
Governments often spend money today but promise more discipline in the future.