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1. 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. ...

2. 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. ...

3. Ford government pursuing McGuinty-style deficit-reduction strategy

   According to government forecasts, Ontario’s debt will climb to $502 billion in 2023/24. ...

4. 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. ...

5. 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. ...

6. Ford fiscal strategy resembles McGuinty/Wynne plans—with predictable results

   By fiscal year 2023/24, Ontario's provincial net debt will eclipse $503 billion. ...

7. Ford budget could represent turning point in Ontario fiscal history

   Within two fiscal years of Chretien's 1995 budget, federal finances had moved from large deficits to surpluses. ...

8. 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. ...

9. Ontario’s debt legacy makes balancing budget harder

   According to the 2020 budget, the government will spend an estimated $12.5 billion on debt interest. ...

10. Ford government faces pivotal choice in upcoming budget

    Ontario's debt interest costs are expected to increase to $13.9 billion in 2022/23. ...