From 2015 to 2018, interest on Ontario's debt will grow from $11.2 billion to $13.1 billion—an increase of nearly 17 per cent.
ontario debt
Février 26, 2016
2:57PM
There is very little to feel reassured about when it comes to Ontario finance minister Charles Sousa’s latest budget.
Février 25, 2016
3:25PM
The Wynne government estimates it will add $11.5 billion in net debt in 2015/16.
Février 25, 2016
10:46AM
Government spending has grown approximately 47 per cent faster than the provincial economy over a 12-year period.
Février 24, 2016
10:45AM
If interest rates rise faster than expected, Ontario’s annual debt interest payments could increase by up to $857 million in 2017/18.
Février 24, 2016
3:00AM
Ontario has run a budget deficit every year during Premier Wynne's time in office.
Février 23, 2016
3:00AM
The Ontario government's fiscal projections assume revenues will grow faster than spending, when the opposite has often been the case.
Février 18, 2016
11:51AM
Ontario’s net debt is projected to climb to 40.2 per cent of the provincial economy this year.
Février 17, 2016
3:00AM
While saying the public sector should focus more on outcomes, McGuinty refuses to look at the end results of his policies for Ontario’s economic performance.