ontario government debt

4:00AM
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Ford rejects Harris spending approach and follows path of Wynne and Rae

Ontario is approaching an all-time high in inflation-adjusted per-person spending.


9:30AM
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Ontario government’s spending habits belie claims of fiscal restraint

The province's spending is forecasted to be $29.4 billion higher than previously projected for 2022/23.


5:30AM
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Premier Ford—one of the biggest spenders in Ontario history

Under the Ford government, inflation-adjusted per-person spending has increased by 2.4 per cent annually.


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.