Despite years of criticizing its predecessors for reckless spending, the Ford government has followed a similar fiscal path.
ontario government spending
Government workers in the province enjoy higher wages and benefits compared to similar private-sector workers.
Ontario’s net debt increased from $373.6 billion in 2020/21 to $380.4 billion in 2021/22.
The province holds $380.4 billion in debt—or nearly $26,000 per Ontarian.
The province's top income tax bracket to 53.53 per cent, the third-highest rate in North America.
The government plans to increase spending by 8.6 per cent.
Government-sector workers in the province enjoy a 10.3 per cent wage premium over their private-sector counterparts.
Between 2018 and 2024, the Ford government will increase debt by a forecasted average of $20.7 billion annually.
Governments often spend money today but promise more discipline in the future.