ontario deficit

12:12PM
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Operating deficits just part of Ontario’s debt story

Annual debt growth has increased substantially since 2018 when the Ford government took office.


11:27AM
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On government spending—Kenney kept his word, Ford did not

Between 2018/19 and 2022/23, the Ontario government expects a 6 per cent increase in inflation-adjusted per-person spending.


3:27PM
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Ford government breaks ‘balanced budget’ promise

It’s always easier to promise fiscal restraint several years down the road than actually deliver on it.


3:00AM
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Ontario on track to add more than $100 billion in debt over five years

The province's net debt has climbed from $338 billion in 2018 to more than $400 billion.


9:48AM
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Upcoming budget last chance for Ford government to keep fiscal promises in first term

The government has increased per-person spending by more than 10 per cent between 2018/19 and 2020/21.


2:10PM
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Ford government pursuing McGuinty-style deficit-reduction strategy

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


12:05PM
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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.

3:49PM
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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.