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  1. 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 ...

  2. Ontario racking up debt faster than any other province; soon to surpass Quebec as most indebted

    Appeared in the Ottawa Sun, March 14, 2016 Ontario’s provincial finances are in bad shape. The government’s recent budget confirmed that the province will run its ninth consecutive multi-billion dollar budget deficit in 2016/17, with debt set to surpass ...

  3. Debt Accumulation in Ontario Compared to Other Provinces

    A recent Fraser Institute study showed that Ontario’s provincial government has accumulated debt rapidly in recent years. In fact, Ontario has acquired more than half of its nearly $300 billion net debt (a measure that adjusts for financial assets) since ...