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“They straight-out lied to us,” said Fedeli on Friday, releasing the findings of an independent commission Premier Doug Ford promised during the election to examine Ontario’s books. “The hole is deep and it will require everyone to make sacrifices, without exception.”

Translation: Prepare for more labour unrest in the public sector as the PCs try to fix the fiscal trainwreck they’ve inherited from the Dalton McGuinty/Kathleen Wynne Liberals, who turned Ontario into one of the world’s most indebted sub-sovereign borrowers.

The $11.9 billion in annual interest payments on debt the Liberals left us is a major reason taxes rose while public services deteriorated on their watch.

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Given Ford himself made billions of dollars worth of election promises, it’s hard to see all of them surviving if the PCs are serious about balancing the books.

They found the Liberals’ final budget before they lost power, underreported Ontario’s projected 2018-19 deficit by 124% — at $6.7 billion instead of the actual number of $15 billion.

The year before, when the Liberals claimed a $600 million surplus, they in facthad a $3.7 billion deficit.

To be fair, when the Liberals came to power in 2003, they accused the previous Mike Harris/Ernie Eves PC government of an unreported $5.6 billion deficit, backed by former provincial auditor Erik Peters, who they hired to look at the books.

This time, current Auditor General Bonnie Lysyk backs Ford’s government on the numbers.