debt and deficit

3:48PM
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When oil prices were high, successive governments spent freely as though the good times would never end.


5:00AM
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The Ontario government plans to spend more than $190 billion on public infrastructure.


3:30PM
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The Notley government overshot its budgeted spending levels by $2 billion in 2016/17 and $1 billion in 2017/18.


2:30PM
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Contrary to government claims, Ontario’s auditor general says the province’s deficit is $11.7 billion.


9:04AM
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Once its net debt reaches $48 billion in 2020/21, Alberta will have burned through $83 billion in net assets in 13 years.


12:43PM
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The budget proposes cumulative deficits totalling $72.8 billion over the government’s first mandate.

6:00AM
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This $51 billion increase in spending represents total growth of 20.1 per cent in just three years.