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  1. Ontario consistently fails to reduce government debt after recessions

    The province’s nominal debt will rise from $440 billion in 2021/22 to $504 billion in 2023/24. ...

  2. Government debt interest costs will crowd out essential spending in Ontario

    Ontario's debt interest costs will rise by 21 per cent. ...

  3. Ford government pursuing McGuinty-style deficit-reduction strategy

    According to government forecasts, Ontario’s debt will climb to $502 billion in 2023/24. ...

  4. Ford government continues to mirror fiscal approach of its predecessors

    Over three years, nominal program spending will increase by a cumulative total of 8.5 per cent. ...

  5. Ontario’s latest budget will keep debt interest costs rising

    According to the budget, debt interest payments will total $13.1 billion in 2021/22. ...

  6. 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. ...

  7. Ford government should address Ontario’s structural problems in upcoming budget

    Most of Ontario’s February employment gains were for part-time work. ...

  8. Ontario’s debt legacy makes balancing budget harder

    According to the 2020 budget, the government will spend an estimated $12.5 billion on debt interest. ...

  9. Ontario’s combined government debt exceeds 100% of GDP

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

  10. Ford government faces pivotal choice in upcoming budget

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