Monday, Dec. 7, 2020
Toronto, ON: The Canadian Taxpayers Federation is calling on the government of Ontario to cut wasteful spending following the release of the auditor general’s annual report.
“Ontarians have been told that this year’s massive deficit was unavoidable due to COVID-19, but the auditor general’s report identified areas where this government has been wasting taxpayers’ money,” said Jasmine Moulton, Ontario Director for the Canadian Taxpayers Federation. “This government must cut the fat immediately to reduce the debt burden being passed on to the next generation.”
Examples of waste include:
The deficit will reach $38 billion while the net debt will rise to $398 billion, according to Ontario’s 2020-21 budget released Nov. 5, 2020. Interest will cost Ontario taxpayers $12.5 billion this year.
“With such a massive deficit this year, the government needs to find savings wherever it can” said Moulton. “The government must follow through on the auditor general’s recommendations today and tighten its belt like struggling Ontario families and businesses have already done.”
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For interviews contact:
Jasmine Moulton
Ontario Director, Canadian Taxpayers Federation
p. 416-573-5458
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