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Ontario’s net debt may hit $500 billion by 2026-27
The size of Ontario’s provincial deficit has become a matter of some debate. The Wynne government’s 2018 budget projected a deficit of $6.7 billion. But according to a recent report from the auditor general, Ontario’s deficit may be even ...
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Actually, including capital spending, Ontario’s deficit is more than $32 billion
Ontario’s 2018 provincial budget saw total operating expense reach $158.5 billion with total revenues at $152.5 billion, for a deficit of just over $6 billion. But there has been some debate over government accounting methods and the ...
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Ontario’s large debt grew in a hurry
The release of Canadian Government Finance Statistics for 2013 reveals that the per capita net financial worth of most provincial and territorial governments stabilized in 2013 and the net liabilities of some provinces and territories ...
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Ontario’s fiscal update stays committed to complacency
Appeared in the Waterloo Region Record There was an aura of complacency in Queen’s Park as the Ontario government released its update on the state of provincial finances. The government remains committed to its relatively passive approach of dealing with ...