Ontario’s debt burden is forecasted to increase by $48.2 billion between 2018 and 2023.
Ontario's net debt will reach a forecasted $390 billion within the next five years.
Over a decade, inflation-adjusted per-student spending rose by 18.5 per cent.
This year’s budget shortfall is projected to eclipse $14 billion.
Despite Premier Ford’s rhetoric, government spending in Ontario will still be up markedly this year.
If Queen’s Park reduces spending by $5 billion, it could eliminate two-thirds of the provincial deficit.
Ontario holds more debt than any other sub-national government in the world.
At the end of this year, Ontario will have run 10 operating deficits in 11 years.