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Ontario’s 2024-25 deficit was billions less than expected in the 2024 budget but government spending grew

The hiring freeze targets 143 provincial agencies growing five times faster than Ontario Public Service since 2023 to improve fiscal discipline and resource allocation.

  • The province announced a hiring freeze covering all provincial agencies effective September 27, 2025, Caroline Mulroney, President of the Treasury Board, announced Friday.
  • Officials cite rapid agency expansion, noting provincial agencies grew more than five times faster than the Ontario Public Service since 2023 and staffing rose about five per cent.
  • The public accounts show the province closed the year with a $1.1 billion deficit, below the $9.8 billion forecast, and collected $226.2 billion in revenue.
  • Hiring will now require government-approved plans, Mulroney said, and the province will work with provincial agencies in the coming weeks while investments continue.
  • Opposition critics said the public accounts showed $11.5 billion more spending and warned the freeze affects provincial agencies providing vital services amid college workers on strike and 800,000 people without a job.
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26 Articles

Bowen Island UndercurrentBowen Island Undercurrent
+2 Reposted by 2 other sources
Lean Left

Ontario ends 2024-25 with lower deficit than predicted, enacts agency hiring freeze

Lean Left

Ontario orders a hiring freeze in provincial agencies while Donald Trump's tariffs could slow down the province's economy.

·Montreal, Canada
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Winnipeg Free PressWinnipeg Free Press
+9 Reposted by 9 other sources
Center

Ontario ends 2024-25 with significantly lower deficit than predicted

Breaking News, Sports, Manitoba, Canada

·Winnipeg, Canada
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  • 88% of the sources lean Left
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Winnipeg Free Press broke the news in Winnipeg, Canada on Friday, September 26, 2025.
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