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.
Ontario's net debt will reach a forecasted $390 billion within the next five years.
Ontario's debt will hit a projected $391.6 billion by 2023/24.
Government-sector employees in Ontario are paid approximately 13 per cent more than comparable private-sector workers.
If the government exercises spending restraint, it can eliminate Ontario’s $15 billion deficit in roughly three years.
The FAO projects a deficit of $12 billion due to higher spending and weak revenue growth.
The province’s debt load will hit $325 billion this year.
The Ontario government plans to spend more than $190 billion on public infrastructure.