This year the government plans to run a $9.8 billion deficit followed by a $4.6 billion deficit next year.
ontario government debt
June 18, 2024
10:09AM
For the 2024/25 fiscal year, the budget projects a $6.1 billion increase in program spending.
March 26, 2024
3:16PM
The government will increase program spending by $4.2 billion in 2024/25 and $3.5 billion in 2025/26.
February 26, 2024
5:00AM
Over the last 15 years, the province has run 14 budget deficits.
February 23, 2024
2:30AM
The government can hold nominal spending flat for one year without creating any management challenges.
January 22, 2024
3:30AM
The province's post-1990 average per-capita annual income growth rate was barely one-quarter that of its 1960 to 1990 rate.
December 19, 2023
3:30AM
The province’s $5.6 billion operating deficit is just the tip of the iceberg.
November 3, 2023
2:30AM
The province plans to spend $14.1 billion on debt interest in 2023/24.