TORONTO—Despite Premier Doug Ford’s explicit commitment to fiscal policy reforms in the province, Ontario has failed to constrain the growth in overall spending, achieve balanced budgets consistently, or reduce provincial debt and lower tax rates, according to a new study published by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.
“Premier Ford made many early campaign promises of structural policy reform, but the government’s actual fiscal outcomes, however, have been increased spending, persistent deficits, and an absence of any meaningful tax reductions,” said Ben Eisen, senior fellow at the Fraser Institute and co-author of the study.
