Ontario's debt will hit a projected $391.6 billion by 2023/24.
Government-sector employees in Ontario are paid approximately 13 per cent more than comparable private-sector workers.
If the government exercises spending restraint, it can eliminate Ontario’s $15 billion deficit in roughly three years.
The FAO projects a deficit of $12 billion due to higher spending and weak revenue growth.
The province’s debt load will hit $325 billion this year.
The Ontario government plans to spend more than $190 billion on public infrastructure.
Contrary to government claims, Ontario’s auditor general says the province’s deficit is $11.7 billion.
This year, the government expects to add $16.8 billion to the province’s net debt.
This year’s budget plans to increase program spending by 6.1 per cent this year.