ontario debt

10:21AM
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Despite balanced operating budget in 2021/22, Ontario faces mountain of debt

The province holds $380.4 billion in debt—or nearly $26,000 per Ontarian.


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.


12:12PM
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Operating deficits just part of Ontario’s debt story

Annual debt growth has increased substantially since 2018 when the Ford government took office.


3:27PM
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Ford government breaks ‘balanced budget’ promise

It’s always easier to promise fiscal restraint several years down the road than actually deliver on it.


3:00AM
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Ontario on track to add more than $100 billion in debt over five years

The province's net debt has climbed from $338 billion in 2018 to more than $400 billion.