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Ontario debt—kicking the can down the road
A new study released this today by the Fraser Institute examined the Wynne government’s plan to reduce Ontario’s debt burden to pre-recession levels (26-27 per cent) by 2029/30 from its current level of 37.5 per cent. The government’s ...
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Ontario’s debt plan—weak and risky
Ontario’s finances remain in deep trouble, despite last month’s announcement of a balanced operating budget for 2017/18. The province still has $312 billion in net debt, and expects to pile on more than $11 billion in new debt annually ...
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Municipal public debt in Ontario—where you live matters
Most discussions of public debt in Ontario revolve around the provincial government’s net debt, which for 2016-17 is estimated at $317.9 billion and in per capita terms amounts to approximately $22,800. However, Canada is a federation ...