Ontario’s Economic and Fiscal Prospects: Challenging Times Ahead

This report provides insights into the challenges the province faces in trying to rebalance its budget. Three scenarios are considered:

• Maintain the spending plan.
• Adjust for the aging population.
• Maintain recent spending growth.

These scenarios highlight the challenge of controlling health care spending growth, transforming the health care system in Ontario, and/or increasing available government revenues. And they show that if Ontario residents want continued strong funding growth for their public health care system, they will have to pay for it through higher taxes or accept big changes in the way publicly funded health care is delivered in Ontario.