ontario's finances

4:30AM
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Ontario government falls woefully short of balanced budget promises

The government’s net debt burden this year will reach a projected $408 billion.


4:30AM
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Ontario government’s economic plan full of obvious flaws

Government-sector employment in the province is up 18.5 per cent compared to only 11.7 per cent for the private sector.


3:16PM
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Instead of pumping the brakes, Ontario government accelerates spending and debt accumulation

The government will increase program spending by $4.2 billion in 2024/25 and $3.5 billion in 2025/26.


2:30AM
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Ontario government’s fiscal history drenched in red ink

From 1968 to 2023, Ontario ran 48 deficits—or deficits 87 per cent of the time.


2:30AM
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Ontario government can balance books with moderate spending restraint

The government can hold nominal spending flat for one year without creating any management challenges.


3:30AM
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Ontario government’s rapid spending growth drives deficits and debt

The province’s $5.6 billion operating deficit is just the tip of the iceberg.


9:08AM
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Ontario government’s failure to restrain spending undermines ‘fiscal foundation’

According to the government’s new projections, the deficit will be $5.6 billion—quadruple what it projected earlier this year.


3:00AM
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Ontario's economic decline hurting household incomes

The province's median income increased by just 5.4 per cent—less than half the overall growth rate across Canada.