ontario debt

11:39AM
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Ontario stuck in vicious cycle of deficits and debt accumulation

The Ford government has said this week's budget will focus on COVID response measures.


12:22PM
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Ontario faces major fiscal challenges beyond massive budget deficit

Net debt reached $355 billion at the end of last year.


10:11AM
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Ford’s tax pledge will help Ontario’s economy recovery

Ontario’s budget deficit will likely be the largest in provincial history.


12:00AM
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Premier Ford’s choice is clear—more government debt or real reform

Ontario’s net debt more than doubled in one decade, to $324 billion in 2017.


9:12PM
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Ontario budget deficit will reach historic levels

The province's deficit this year will be 4.6 per cent larger than the Ontario economy.


9:48AM
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Three recessions tell Ontario’s debt story

In 1990, Ontario’s debt-to-GDP ratio stood at 13 per cent.


11:49AM
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Taxpayers likely to feel city hall’s COVID cash crunch

Less permit fee and land transfer tax revenue is driving Toronto’s overall revenue drop.


10:16AM
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Ontario budget deficit likely larger than forecast

The Ford government projected a deficit of $20.5 billion for 2020-21.


3:33PM
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Newfoundland and Labrador faces fiscal crisis, other provinces should take note

Alberta’s per-person government debt has eclipsed $10,000 this year.