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 deficit
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 10, 2016
3:00AM
Dalton McGuinty laments that the Great Recession stunted his plans to expand Ontario public services
In his autobiography, McGuinty discusses how his first act as premier was to break his election promise and raise taxes.
Février 3, 2016
2:50PM
Ontario will run its eighth consecutive budget deficit in 2015/16, with a projected $7.5 billion shortfall.