TORONTO — About 2,400 Ontario public servants are taking voluntary buyouts, the Progressive Conservative government announced Thursday, saying the departures will help the province tackle a multibillion-dollar deficit. “Our clear objective has been to manage the overall size of the Ontario Public Service, which is a key element in our plan to restore sustainability to the province’s finances,” he said. The province currently spends about $72 billion a year on compensation for the broader public sector, Bethlenfalvy said. He added that the government would be monitoring the impact of the public service buyout program before potentially considering expanding it to other agencies. The province recently announced legislation to limit wage increases for broader public sector workers, including teachers and nurses.

Source: National Post June 13, 2019 17:03 UTC