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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. ...

Government debt interest costs will crowd out essential spending in Ontario

Ontario's debt interest costs will rise by 21 per cent. ...

Ontario lagging behind neighbours on key economic measures

Between 2000 and 2019, New York's average per-person GDP growth more than doubled Ontario's growth rate. ...

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. ...

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. ...

Lessons for the Ford Government from the 1995 Federal Budget

Chronic deficits since the 2008/09 recession have weakened Ontario’s public finances. The province’s debt-to-GDP ratio—a key measure of fiscal sustainability—increased from 27.8 percent to an estimated 47.0 percent of GDP by the end of 2020/21. ...