This year, the government expects to add $16.8 billion to the province’s net debt.
ontario government spending
This year’s budget plans to increase program spending by 6.1 per cent this year.
Quebec subsidies cost north of $2.4 billion a year or roughly $9,700 per child.
The upcoming 2018 budget will send a clear signal about the Wynne government’s direction.
Ontario's top personal income tax rate is 53.5 per cent.
Next year Ontario’s debt burden per person is projected to surpass Quebec’s.
Ontario’s net debt will rise to a projected $336 billion.
Ontario’s electricity prices increased 71 per cent from 2008 to 2016.
If Toronto’s housing market continues to cool there would be substantial negative implications for provincial revenues.