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Ontarians—today and in the future—will pay the price for Ottawa’s debt
At the end of fiscal year 2019, Ontario’s provincial government debt stood at $355 billion. For context, that’s more than $24,000 per Ontarian. With the COVID recession, this debt will grow further. Scotiabank Economics estimates a $36 ...
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Despite brisk economic growth, Ontario continues to rack-up debt
Appeared in the Ottawa Sun, November 1, 2017 After a lengthy period of sluggish growth, Ontario’s economy has finally started to pick up steam. Which is good news for Ontario. And good news for Canada. Ontario represents about 40 per cent of the national ...