I beg to inform the House that the following document has been tabled: a report entitled Ministry of Education: Spending Plan Review, 2022, from the Financial Accountability Office of Ontario.

Enough transit?

Ontario’s projected deficit in 2022-23 is $12.9 billion. This is an improvement of $6.9 billion from the 2022 budget. Eliminating Ontario’s deficit while delivering on Ontario’s Plan to Build is a critical part of our government’s long-term vision for this province. After unprecedented spending in response to the pandemic, now is the time for governments to show restraint, to act cautiously and responsibly. Irresponsible spending today will only make inflation more painful and drag out the economic downturn.

The economic road ahead will not be easy, and Ontario is not an island, and we will not be immune to it. But there is nothing we cannot do together, no challenge that we cannot meet, no obstacle we cannot overcome. Whatever the economic uncertainty may bring, our government has a plan. Just like Bill Davis did so many years ago, under the leadership of Premier Ford we are building a stronger province. And no matter the obstacles we may face, we are steadfast—because one thing I am sure of is the strength and resilience of the people of this great province.

Together, let’s get it done. Let’s build Ontario.