ontario debt

3:09PM
Printer-friendly version
Ontario needs more business investment during the recovery and beyond

The average annual growth rate in investment in residential structures was only 1.4 per cent.


12:19PM
Printer-friendly version
Three recessions—a history of Ontario’s debt growth

At 48.8 per cent, Ontario’s net debt-to-GDP ratio this year will be the highest in provincial history.


9:34AM
Printer-friendly version
Ontario consistently fails to reduce government debt after recessions

The province’s nominal debt will rise from $440 billion in 2021/22 to $504 billion in 2023/24.


10:05AM
Printer-friendly version
Ontario lagging behind neighbours on key economic measures

Between 2000 and 2019, New York's average per-person GDP growth more than doubled Ontario's growth rate.


12:05PM
Printer-friendly version
Ford government continues to mirror fiscal approach of its predecessors
Over three years, nominal program spending will increase by a cumulative total of 8.5 per cent.

10:29AM
Printer-friendly version
Ford government presiding over massive growth of debt and debt interest costs
Ontario's projected net government debt will eclipse $585 billion by 2029-30.

3:49PM
Printer-friendly version
Ontario’s latest budget will keep debt interest costs rising

According to the budget, debt interest payments will total $13.1 billion in 2021/22.