ontario deficit

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.


3:23PM
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Ford fiscal strategy resembles McGuinty/Wynne plans—with predictable results

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


10:44AM
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The government has run budget deficits every year since 2008/09.


4:05PM
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Ontario’s combined government debt exceeds 100% of GDP

By 2020/21, the provincial net debt equaled $27,010 per Ontarian.


3:28PM
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Ontario’s new finance minister must recognize the importance of budget balance

Ontario spent $12.5 billion on government debt interest in 2020/21.


10:31AM
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Ontario’s finances—back to the ’90s?

The province expects a $33.1 billion deficit next year.


3:08PM
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Ontario’s red ink—the Ford government should heed lessons from recent past

According to the recent budget, Ontario's deficits will average 3.7 per cent of GDP over the next three years.


12:43PM
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With right approach, Ford government can stop Ontario’s fiscal roller-coaster

Government workers in Ontario receive higher wages and more generous benefits than similar workers in the private sector.