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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 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. ...

4. Ford government presiding over massive growth of debt and debt interest costs

   Ontario's projected net government debt will eclipse $585 billion by 2029-30. ...

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. 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. ...

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

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

8. Ford government faces pivotal choice in upcoming budget

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

9. Ford government faces critical decisions as budget day looms

   According to forecasts, Ontario's net government debt will approach $463 billion in 2022/23. ...

10. Ontario’s finances—back to the ’90s?

    During the early 1990s, the federal government and many provinces faced severe fiscal challenges so daunting that many described the situation as a crisis. As governments across the country run historically large deficits in response to ...