Lower taxes and balanced budget were possible this year if Ford government had held to Wynne-era spending levels
By Fraser Institute —— Bio and Archives--July 5, 2023
Canadian News, Opinion | Comments | Back To Full Article
TORONTO—If the Ford government had maintained the spending levels of the previous Wynne government, there would have been $9.5 billion available this year for tax relief and balancing the budget, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.
“On the campaign trail in 2018, now-Premier Ford was critical of the spending of its predecessor. But since coming to office, his government actually increased spending even more, at the expense of keeping promises to lower taxes, balance the budget and reduce debt,” said Ben Eisen, a senior fellow with the Fraser Institute and co-author of No Sign of Significant Debt Reduction or Tax Relief in Ford’s Spring 2023 Budget—It’s All Spend, Spend, Spend!
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