ontario deficit

10:08AM
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This year Alberta is projected to run a budget deficit of $10.9 billion.


11:17AM
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In Michigan, employment in manufacturing grew at an average annual rate of 6.1 per cent while it declined in Ontario.

3:00AM
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From 2011 to 2014, average annual economic growth in Michigan was higher than in Ontario, despite slower population growth.


3:00AM
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The province hopes to solve its fiscal problems by relying on revenue growing faster than spending.

3:00AM
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Ontario’s net provincial government debt may reach $350 billion by 2020.

3:00AM
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Ontario has been racking up debt at a historically rapid pace and is on track to rack up still more debt in the years ahead.

2:45PM
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By 2014, Ontario’s sluggish economic performance had caused living standards to fall below the Canadian average.

10:58AM
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Ontarians spend nearly a billion dollars a month just to service provincial government debt.

4:10PM
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This year’s operating deficit will be “only” $5.7 billion in 2015/16, down from the $8.5 billion projected in last April’s budget.