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.
Government-sector workers in the province enjoy a 10.3 per cent wage premium over their private-sector counterparts.
The province’s net debt will reach a projected $428.7 billion this year.
According to forecasts, the province’s net debt will eclipse $468 billion by 2024/25.
Real per-person economic growth was 9.1 per cent in Ontario compared to 26.1 per cent in the rest of Canada.
According to government forecasts, Ontario’s debt will climb to $502 billion in 2023/24.