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  1. 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 ...

  2. Canada’s Past Fiscal Leaders Are Now Fiscal Laggards: An Analysis of 2017 Provincial Budgets

    Around the turn of the 21st century, Alberta and Ontario could both boast of having comparatively sound public finances relative to most other provinces. In recent years, however, serious fiscal problems have emerged in both provinces. Alberta and Ontario ...

  3. Beware of government debt growing under the radar in Canada

    As provincial governments release their budgets in the coming months, Canadians ought to be aware of how government debt can grow under the radar. News headlines usually focus on the size of the operating budget balance—that is, whether ...