The province’s nominal debt will rise from $440 billion in 2021/22 to $504 billion in 2023/24.
Between 2000 and 2019, New York's average per-person GDP growth more than doubled Ontario's growth rate.
According to government forecasts, Ontario’s debt will climb to $502 billion in 2023/24.
By fiscal year 2023/24, Ontario's provincial net debt will eclipse $503 billion.
Within two fiscal years of Chretien's 1995 budget, federal finances had moved from large deficits to surpluses.
Most of Ontario’s February employment gains were for part-time work.
According to the 2020 budget, the government will spend an estimated $12.5 billion on debt interest.
In 1990, Ontario’s debt-to-GDP ratio stood at 13 per cent.
The Toronto and Ottawa metropolitan areas were responsible for 98.6 per cent of all net job growth in the province.