News Release
Ontario’s Government for the People Restoring Trust and Accountability with Release of the Line-by-Line ReviewSeptember 25, 2018 A Modernized, More Sustainable Government will Transform Province’s FinancesTORONTO – Ontario’s Government for the People is continuing to take action to restore trust and accountability in the province’s public finances. Today, the Hon. Peter Bethlenfalvy, President of the Treasury Board, announced the much anticipated release of EY Canada’s line-by-line review of government spending, Managing Transformation – A Modernization Action Plan for Ontario. The document reveals rapid expenditure growth across key sectors and public programs under the previous government. “I would like to thank EY Canada for their expert analysis of the past 15 years of government spending,” said Bethlenfalvy. “This detailed analysis of Ontario’s current spending will help us build a modern, more sustainable government while avoiding job cuts. Together we are creating a roadmap that embraces innovation, while ensuring that we achieve better fiscal outcomes for the people of this great province. Expenditure management is the means toward that end, but it is not the end in and of itself.” The line-by-line review is based on extensive analysis of government financial and program data, and builds on the work of Ontario’s Auditor General and the Financial Accountability Officer. The report identifies a number of ways the government could transform programs and services to ensure sustainability and value for money. The report includes:
Key findings reveal that since fiscal 2002/03:
“We are taking important steps to get Ontario back on the road to fiscal health, and we will continue to be open and transparent about the state of Ontario’s finances,” added Bethlenfalvy. “To move forward we must restore trust, and that means giving Ontarians the confidence that they can trust their government’s administration of the province’s finances. That’s why we have reflected the advice of the Independent Financial Commission of Inquiry in the recently released 2017-18 Public Accounts and commissioned the line-by-line review.” The government will carefully review the areas highlighted by the line-by-line review and use this information to inform strategic changes to service delivery planning as part of the multi-year planning process. This report will help make government more effective and efficient, and will ensure all government spending is delivering the best value for the people of Ontario. |
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CONTACTSHayden Kenez Kate Vrancart Treasury Board Secretariat |