The provincial debt clock has wrapped up a 28-day tour of Ontario — with a stop outside of Hamilton’s Copps Coliseum on the final day.
Candice Malcolm of the Canadian Taxpayers Federation says the goal is to draw public attention to the overspending and unsustainable debt at Queen’s Park.
She says the government needs to reduce the amount of wasteful spending on such things as salaries for bureaucrats and paying the interest on the debt, which would in turn free up more money for health care, education, the social safety net and other core programs.
Ontario’s debt currently hovers around 257 billion dollars and grows by 372 dollars per second.
The interest paid on the debt is the third largest expense in the provincial budget.