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TORONTO, Aug. 01, 2024 (GLOBE NEWSWIRE) — Regardless of political rhetoric whereas in opposition, the Ontario authorities of Premier Doug Ford has recorded two of the three highest per individual spending ranges since 1965, even excluding COVID-related one-time spending, finds a brand new report printed immediately by the Fraser Institute, an unbiased, non-partisan Canadian public coverage think-tank.
“An efficient approach of measuring a authorities’s fiscal coverage is by evaluating per-person program spending over time, and regardless of rhetoric on the contrary, Premier Ford is among the province’s highest spenders,” stated Ben Eisen, senior fellow with the Fraser and co-author of Ontario Premiers and Provincial Authorities Spending, 2024.
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This research evaluations annual per-person program spending (inflation-adjusted) by Ontario premiers from 1965 to 2022. It finds that the second-highest and third-highest single years of per-person spending on file was below Premier Ford in 2020 ($12,227) and 2021 ($12,081). Observe that COVID-era spending was adjusted to take away one-time, extraordinary spending associated to the pandemic.
The very best yr of per-person spending (inflation-adjusted) was 2010 below Dalton McGuinty at $12,305.
Premier Ford’s highest years additionally surpass former Premier Kathleen Wynne’s highest spending degree: $11,101 in 2017. That is vital given the criticism of then-Premier Wynne by now-Premier Ford whereas in Opposition.
“Regardless of guarantees to be extra fiscally prudent that its predecessor, the Ford authorities has primarily continued the spending traits of the Wynne authorities that got here earlier than it,” Eisen stated.
“It’s vital for Ontario taxpayers to know the true fiscal file of their governments with the intention to higher assess whether or not they’re getting good worth for cash.”
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MEDIA CONTACT:
Ben Eisen, Senior Fellow
Fraser Institute
To rearrange media interviews or for extra data, please contact:
Drue MacPherson, Fraser Institute
(604) 688-0221 Ext. 721
drue.macpherson@fraserinstitute.org
The Fraser Institute is an unbiased Canadian public coverage analysis and academic group with places of work in Vancouver, Calgary, Toronto, and Montreal and ties to a worldwide community of think-tanks in 87 international locations. Its mission is to enhance the standard of life for Canadians, their households and future generations by learning, measuring and broadly speaking the consequences of presidency insurance policies, entrepreneurship and selection on their well-being. To guard the Institute’s independence, it doesn’t settle for grants from governments or contracts for analysis. Go to www.fraserinstitute.org
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