cover image: 2024 PREBUDGET SUBMISSION - Standing Committee on Finance and Economic Affairs

20.500.12592/f1vhpn9

2024 PREBUDGET SUBMISSION - Standing Committee on Finance and Economic Affairs

29 Jan 2024

In other words, for every dollar per person spent on programs in other provinces, the Ford government only spent 75 cents – and that was not a result of efficiency.i The latest report from the FAO shows that overall spending by the government was below projections during the first half of 2023, withholding $2 billion from public services across the province. [...] Some will be unemployed at the end of the month with very little notice and no severance.iv This is only one example of the Ford government starving public systems of the funding they need, waiting for them to crumble, and then championing privatization as the only solution. [...] In fact, they failed to meet their target in 2023: according to the latest data from the Canada Mortgage and Housing Corporation, there were a total of 85,770 housing starts in the province in 2023 – a seven-per cent drop from 91,885 the year before.xiv In 2022, the net out-migration from Ontario was at its highest level this century, as unaffordable housing prices and rents continue to force peop. [...] That’s why we’re seeing the skyrocketing cost of housing; the increasing inaccessibility of home ownership; the mounting pressure to move to other cities to find housing; a system that massively favours and rewards private landlords and developers; the precarity of renters and tenants; rising personal evictions; the homelessness crisis; and the emergence of tent cities in parks. [...] The Ontario Federation of Labour is hopeful that the preceding recommendations help inform the development of the 2023 budget as well as the upcoming legislative agenda.

Authors

Thevaki Thevaratnam

Pages
12
Published in
Canada