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The Social Contract Act was a statute passed by the Legislative Assembly of Ontario in 1993 as part of an initiative by the provincial government to mitigate the negative impact of the early 1990s recession and reduce the provincial deficit. 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. Introduced under the government of Premier Bob Rae, the unpaid days of leave became known colloquially as Rae Days.