Ontario spends about nine per cent of all revenue on government debt-service payments.
debt and deficit
November 26, 2018
1:52PM
The federal government expects the deficit in 2018-19 to reach $18.1 billion and grow next year to $19.6 billion.
November 23, 2018
11:26AM
Program spending this fiscal year will reach $320.2 billion.
November 21, 2018
3:30PM
Just six months into its 2018/19 plan, the government upped spending by $8 billion.
November 20, 2018
11:46AM
The PBO projects in 2042 Alberta will have more debt relative to the size of its economy than Ontario.
November 15, 2018
1:42PM
The government’s operating deficit now stands at $14.5 billion—only half a billion less than the pre-update status quo.
November 15, 2018
12:32PM
Deficits and debts are not free money—they come at a cost.
November 6, 2018
10:40AM
Quebec is currently the most indebted province relative to the size of the provincial economy.
October 29, 2018
3:01PM
Ontario’s debt grew by 107 per cent over 10 years.
October 25, 2018
9:39AM
New Brunswick's debt load will climb to an estimated 115 per cent of GDP over the next 25 years.