ontario's debt

9:08AM
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Ontario government’s failure to restrain spending undermines ‘fiscal foundation’

According to the government’s new projections, the deficit will be $5.6 billion—quadruple what it projected earlier this year.


8:00AM
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To restore Ontario’s finances, Ford government must end carefree spending

The province's government debt burden equals 38.7 per cent of the provincial economy.


3:30AM
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Ontario’s budget—another opportunity to lower province’s high income tax rate

At 53.53 per cent, the province has the third-highest top personal income tax rate in Canada and the United States.


9:30AM
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Ontario’s government debt actually increased last year by $6.8 billion

Ontario’s net debt increased from $373.6 billion in 2020/21 to $380.4 billion in 2021/22.


9:07AM
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Ontario government should target wages and benefits of government employees

Government-sector workers in the province enjoy a 10.3 per cent wage premium over their private-sector counterparts.