Throughout the 1970s and ’80s, governments across the country regularly ran deficits and racked up debt.
According to forecasts, by 2023/24, Ontario's annual government debt interest costs will hit $15.5 billion.
In 2018/19, the Ontario government expects to spend approximately $12.6 billion more than it collects.
Neither the McGuinty or Wynne governments balanced the budget.
Ontario’s government spends more than $1 billion every month on debt interest.
This year’s budget shortfall is projected to eclipse $14 billion.
Over the past decade more Ontarians have left to live in other provinces than have moved here from elsewhere in the country.
During 10-year period, major federal transfers to Ontario rose from $10.9 billion to $20.4 billion—an increase of 87.8 per cent.