Austerity measures included a wage freeze and mandatory unpaid days of leave for qualifying government employees, as well as the establishment of a job security fund.
These days of leave could be applied by leadership in sectors who were unable to otherwise meet the austerity goals set out by the province.
[2] The Social Contract Act was ultimately successful in what it had intended to do; the government saved $1.95 billion,[2] and prevented public employee layoffs.
The provincial NDP was unable to recover its previous levels of support, and suffered an electoral wipeout in the 1995 Ontario general election.
The Liberal Party was initially the main beneficiary of the opposition to the Social Contract, but, ultimately, the Progressive Conservatives won the election.