Ford’s deficit hype conceals Ontario’s dirty secret - News Summed Up

Ford’s deficit hype conceals Ontario’s dirty secret


Nevertheless, preventing debt from spiralling out of control sounds like a plausible explanation for Ford’s spending cuts — until one notices his tax cuts. Article Continued BelowThe Ford government wants us to believe that Ontario’s deficit is caused by too much spending. As Ontario’s non-partisan Financial Accountability Office (FAO) notes, Ontario already has the lowest program spending (per capita) among Canada’s 10 provinces — before Ford’s spending cuts click in. So pointing to Ontario’s ultralow social spending as the cause of Ontario’s deficit is about as credible as Donald Trump’s claim that his inaugural crowd was bigger than Obama’s. Therein lies the dirty secret of Ontario’s deficit — too little revenue.


Source: thestar May 08, 2019 18:44 UTC



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