ontario debt

9:34AM
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All parties promise bigger government in Ontario

The province’s debt problem is due to dramatic increases in government spending.


5:00AM
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The Ontario government plans to spend more than $190 billion on public infrastructure.


10:37AM
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Between 2007/08 and 2018/19, Ontario’s debt has grown from $157 billion to $325 billion.


11:52AM
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This year, the government expects to add $16.8 billion to the province’s net debt.


10:24AM
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This year’s budget plans to increase program spending by 6.1 per cent this year.


3:19PM
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Ontario will run budget deficits of nearly $7 billion in each of the next three fiscal years.


1:55PM
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Ontario’s debt-to-GDP ratio has climbed from 26 per cent pre-recession to 38 per cent today.


3:46PM
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Ontario’s upcoming provincial budget will likely include a significant increase in government spending with an eye on the spring election.