Despite steep budget deficits, successive provincial governments have been unwilling to reduce spending.
ontario debt
March 31, 2022
1:00AM
February 9, 2022
1:15PM
The government projects a budget deficit of $21.5 billion for 2021-22.
December 23, 2021
9:05AM
In the recent past, the province's recessions have been followed by extended periods of debt growth.
November 3, 2021
3:09PM
The average annual growth rate in investment in residential structures was only 1.4 per cent.
November 1, 2021
12:19PM
At 48.8 per cent, Ontario’s net debt-to-GDP ratio this year will be the highest in provincial history.
July 2, 2021
9:34AM
The province’s nominal debt will rise from $440 billion in 2021/22 to $504 billion in 2023/24.
June 22, 2021
10:25AM
Ontario's debt interest costs will rise by 21 per cent.
June 21, 2021
10:05AM
Between 2000 and 2019, New York's average per-person GDP growth more than doubled Ontario's growth rate.