The province's government debt burden equals 38.7 per cent of the provincial economy.
ontario government spending
Ontario is approaching an all-time high in inflation-adjusted per-person spending.
The province's spending is forecasted to be $29.4 billion higher than previously projected for 2022/23.
Roughly half of all business income tax revenue collected by the province was sent back to select firms and industries.
Under the Ford government, inflation-adjusted per-person spending has increased by 2.4 per cent annually.
Government wages in the province were 10.9 per cent higher, on average, than wages in the private sector.
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.
Ontario’s net debt increased from $373.6 billion in 2020/21 to $380.4 billion in 2021/22.