
February 15, 2012 2:15 PM
As part of its commitment to eliminate the deficit by 2017-18 while protecting education and health care, the McGuinty government lowered growth in program spending to about four per cent from about seven per cent last year. This was accomplished through modernizing the delivery of public services and creating administrative efficiencies to achieve better value for money for Ontario taxpayers.
Recognizing that this new era of slower global economic growth requires lowering program spending growth further, in March 2011 the government established the commission to provide additional advice on how to make long-term, fundamental changes to the way government delivers services.
The report will inform the 2012 Budget. The McGuinty government will decide how to move forward.
"The McGuinty government remains committed to putting Ontario's finances on a long-term, sustainable path. I thank the commission for the hard work it has done to provide advice on how to help us achieve our goal of a balanced budget by 2017-18."
– Dwight Duncan
Minister of Finance