ontario government debt

11:51AM
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Reliance on housing investment creates prosperity mirage in Ontario

The provincial net debt-to-GDP ratio went from about 5 per cent in the 1960s to more than 40 per cent in 2020.


10:29AM
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Ford government presiding over massive growth of debt and debt interest costs
Ontario's projected net government debt will eclipse $585 billion by 2029-30.

10:48AM
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Ford budget could represent turning point in Ontario fiscal history

Within two fiscal years of Chretien's 1995 budget, federal finances had moved from large deficits to surpluses.


4:05PM
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Ontario’s combined government debt exceeds 100% of GDP

By 2020/21, the provincial net debt equaled $27,010 per Ontarian.


9:44AM
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Ford government faces pivotal choice in upcoming budget

Ontario's debt interest costs are expected to increase to $13.9 billion in 2022/23.


10:27AM
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Ford government must plot path to budget balance

Ontario now anticipates a $38.5 billion budget deficit this fiscal year.