ontario debt

9:30AM
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Ontario government’s spending habits belie claims of fiscal restraint

The province's spending is forecasted to be $29.4 billion higher than previously projected for 2022/23.


5:30AM
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Premier Ford—one of the biggest spenders in Ontario history

Under the Ford government, inflation-adjusted per-person spending has increased by 2.4 per cent annually.


9:30AM
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Ontario’s government debt actually increased last year by $6.8 billion

Ontario’s net debt increased from $373.6 billion in 2020/21 to $380.4 billion in 2021/22.


8:00AM
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Ford government continues Wynne-like debt levels

Between 2018 and 2024, the Ford government will increase debt by a forecasted average of $20.7 billion annually.


2:36PM
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Ontario government poised to outspend predecessor

Governments often spend money today but promise more discipline in the future.


8:47AM
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Quebec continues to outperform Ontario on government debt

Ontario’s per-person government debt is 66.6 per cent higher than the weighted average of all other provinces.


10:38AM
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Ford government gets second chance to repair Ontario’s finances

According to forecasts, the province’s net debt will eclipse $468 billion by 2024/25.