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1. 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 ...

2. Ontario’s fiscal paradox—a balanced budget and mounting debt

   Ontario has wrapped up its 2018 pre-budget public consultations as it prepares to deliver its next provincial budget. Ontario Finance Minister Charles Sousa confirmed in the fall fiscal statement that Ontario’s 2018 budget will be ...

3. Provincial government net debt up 89% in less than a decade

   After a lull spanning the first decade of the 21st century, it seems that provincial government debt is again on the rise. Based on figures compiled from the Federal Fiscal Reference Tables and plotted in the first chart below, total ...