A Legacy of DebtPublished on May 31, 2018
Over the last 10 years, Ontario’s debt -- which is the largest subnational debt in the world – has doubled (Toronto Star, May 8, 2018).
And as bad a job as the Liberals have done in mortgaging our future over this past decade, the NDP, the last time it was in power, somehow managed to double our debt in just five years.
Governments need to be held accountable for the way they manage our finances. This is important in the here and now, but also to ensure that our children and grand-children are not burdened with interest costs of servicing such an unmanageable debt.
The Ontario PCs are committed to returning to a balanced budget on a responsible timeframe. It’s Plan for the People will save Ontario from the tax and spend policies of the Liberals and the NDP. The Ontario PCs plan will restore genuine fiscal responsibility for Ontario tax payers and their families.