Peter Munk Centre for Free Enterprise Education
Ontario’s upcoming provincial budget will likely include a significant increase in government spending with an eye on the spring election.
The ratio of household net worth-to-GDP has risen over time.
In 2016-17, the deficit was $0.991 billion but $6.276 billion was added to the net debt.
Insurance companies are the principal beneficiaries of Ontario’s new publicly-funded pharmacare program.
Electricity prices in Toronto rose by 71 per cent between 2008 and 2016.
The government-owned chain is the only Ontario retailer to sell spirits.
Tobacco taxes and LCBO revenues have grown robustly.
Ontario has offered government workers a 7.5 per cent pay raise.