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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. ...
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Government debt interest costs will crowd out essential spending in Ontario
Ontario's debt interest costs will rise by 21 per cent. ...
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Ford government pursuing McGuinty-style deficit-reduction strategy
According to government forecasts, Ontario’s debt will climb to $502 billion in 2023/24. ...
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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. ...
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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. ...
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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. ...
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Ford government should address Ontario’s structural problems in upcoming budget
Most of Ontario’s February employment gains were for part-time work. ...
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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. ...
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Ontario’s combined government debt exceeds 100% of GDP
By 2020/21, the provincial net debt equaled $27,010 per Ontarian. ...
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Ford government faces pivotal choice in upcoming budget
Ontario's debt interest costs are expected to increase to $13.9 billion in 2022/23. ...