ontario government debt

9:30AM
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Ontario’s government debt actually increased last year by $6.8 billion

Ontario’s net debt increased from $373.6 billion in 2020/21 to $380.4 billion in 2021/22.


10:21AM
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Despite balanced operating budget in 2021/22, Ontario faces mountain of debt

The province holds $380.4 billion in debt—or nearly $26,000 per Ontarian.


8:00AM
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Ford government continues Wynne-like debt levels

Between 2018 and 2024, the Ford government will increase debt by a forecasted average of $20.7 billion annually.


2:36PM
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Ontario government poised to outspend predecessor

Governments often spend money today but promise more discipline in the future.


9:35AM
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Ontario’s finances are unsustainable

The province’s net debt will reach a projected $428.7 billion this year.


8:47AM
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Quebec continues to outperform Ontario on government debt

Ontario’s per-person government debt is 66.6 per cent higher than the weighted average of all other provinces.


10:38AM
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Ford government gets second chance to repair Ontario’s finances

According to forecasts, the province’s net debt will eclipse $468 billion by 2024/25.


12:12PM
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Operating deficits just part of Ontario’s debt story

Annual debt growth has increased substantially since 2018 when the Ford government took office.