Quebec is currently the most indebted province relative to the size of the provincial economy.
debt and deficit
Ontario’s debt grew by 107 per cent over 10 years.
New Brunswick's debt load will climb to an estimated 115 per cent of GDP over the next 25 years.
Since 1990-91, the province has run deficits 20 out of 27 years.
When oil prices were high, successive governments spent freely as though the good times would never end.
The Ontario government plans to spend more than $190 billion on public infrastructure.
The Notley government overshot its budgeted spending levels by $2 billion in 2016/17 and $1 billion in 2017/18.
Contrary to government claims, Ontario’s auditor general says the province’s deficit is $11.7 billion.
Ontario and Alberta are projecting budget deficits for years to come.
Between now and 2022/23, Alberta’s per-person debt is projected to grow by 157 per cent.