ontario government spending

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.


9:48AM
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Ford government must dramatically change course to fulfill many promises

High spending levels increase government debt, which raises the spectre of future higher taxes and creates uncertainty for potential investors.


10:48AM
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Ford budget could represent turning point in Ontario fiscal history

Within two fiscal years of Chretien's 1995 budget, federal finances had moved from large deficits to surpluses.


11:57AM
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Ontario’s debt legacy makes balancing budget harder

According to the 2020 budget, the government will spend an estimated $12.5 billion on debt interest.


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.


9:44AM
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Ford government faces pivotal choice in upcoming budget

Ontario's debt interest costs are expected to increase to $13.9 billion in 2022/23.


10:50AM
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Ford government faces critical decisions as budget day looms

According to forecasts, Ontario's net government debt will approach $463 billion in 2022/23.