... The study says Ford’s 2022-23 budget, released before the June provincial election and which the government intends to pass into law when the legislature resumes sitting on Monday, will “increase per-person program spending by 2.9% to $11,783, which is $282 more than the Wynne government spent during its last year in office.” (These figures are adjusted for inflation and exclude COVID-19 spending.)
As a result, the Ford government is forecasting larger budget deficits than it inherited from the Wynne government — which it condemned for fiscal irresponsibility when the PCs were the official opposition and the Liberals were in power.
The Fraser Institute study says that under Ford, the province’s per person net debt will increase from $27,889 in 2021-22 to $28,930 in 2024-25 — essentially mirroring the Wynne government’s pace of debt accumulation ...