Ontario’s debt load will soar to a forecasted $392 billion by 2023/24.
ontario debt
Avril 18, 2019
10:14AM
Ontario has the second-highest top combined provincial/federal marginal income tax rate in North America.
Avril 12, 2019
2:47PM
Over the next five years, net debt is expected to climb at an annual average rate of $9.6 billion per year.
Avril 11, 2019
8:34AM
Program spending this year is projected to be $17.7 billion higher than two years ago.
Avril 5, 2019
10:46AM
Ontario's 2018-19 deficit is an estimated $13.5 billion.
Mars 28, 2019
10:38AM
Ontario’s debt-to-GDP ratio is forecasted to be 40.4 per cent.
Janvier 9, 2019
8:59AM
Ontario’s government spends more than $1 billion every month on debt interest.
Décembre 19, 2018
11:36AM
This year’s budget shortfall is projected to eclipse $14 billion.
Novembre 15, 2018
1:42PM
The government’s operating deficit now stands at $14.5 billion—only half a billion less than the pre-update status quo.
Novembre 15, 2018
12:32PM
Deficits and debts are not free money—they come at a cost.