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.
Despite years of criticizing its predecessors for reckless spending, the Ford government has followed a similar fiscal path.
Government workers in the province enjoy higher wages and benefits compared to similar private-sector workers.
Governments often spend money today but promise more discipline in the future.
There's no evidence that bureaucrats can spend more wisely on technology than entrepreneurs.
The government has increased per-person spending by more than 10 per cent between 2018/19 and 2020/21.
The region's average per-person GDP is 32.7 per cent larger than Ontario's.