Government workers in Ontario receive higher wages and more generous benefits than similar workers in the private sector.
Over the next three fiscal years, Ontario’s cumulative deficit will hit a forecasted $99.7 billion.
In fiscal year 2022/23, Ontario's government debt interest costs will reach $13.9 billion.
The Ford government has said this week's budget will focus on COVID response measures.
Net debt reached $355 billion at the end of last year.
Ontario’s budget deficit will likely be the largest in provincial history.
Ontario’s net debt more than doubled in one decade, to $324 billion in 2017.
The province's deficit this year will be 4.6 per cent larger than the Ontario economy.
Ontario’s budget deficit may eclipse $21 billion this year.
Less permit fee and land transfer tax revenue is driving Toronto’s overall revenue drop.