debt and deficit

11:36AM
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At $29.4 billion, the projected budget deficit in 2016/17 is larger than the cumulative budget deficits projected for the entire mandate in the Liberal platform.


9:35AM
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By 2017/18 spending will be up by $50 billion from 2014/15, representing a jump of 20 per cent.


4:04PM
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Prime Minister Trudeau’s upcoming first budget reportedly contains a deficit in excess of $30 billion.

8:38AM
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Provincial net debt has increased by approximately $160 billion since 2003/04.


10:27AM
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Once new major spending is factored in, the annual deficit is likely to be more than $25 billion.


3:00AM
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By the Ontario government’s own count it has 380,000 regulations on the books, twice as many as the next province.


2:50PM
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Ontario will run its eighth consecutive budget deficit in 2015/16, with a projected $7.5 billion shortfall.