ontario deficit

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


10:37AM
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Between 2007/08 and 2018/19, Ontario’s debt has grown from $157 billion to $325 billion.


11:52AM
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This year, the government expects to add $16.8 billion to the province’s net debt.


1:55PM
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Ontario’s debt-to-GDP ratio has climbed from 26 per cent pre-recession to 38 per cent today.


3:46PM
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Ontario’s upcoming provincial budget will likely include a significant increase in government spending with an eye on the spring election.


10:22AM
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The upcoming 2018 budget will send a clear signal about the Wynne government’s direction.


12:44PM
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Since 2008/09, Ontario has seen its net debt increase every year by an average of $15.5 billion.


9:11AM
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Next year Ontario’s debt burden per person is projected to surpass Quebec’s.