Ontario’s government spends more than $1 billion every month on debt interest.
ontario's debt
December 19, 2018
11:36AM
This year’s budget shortfall is projected to eclipse $14 billion.
January 17, 2018
10:34AM
Over the past decade more Ontarians have left to live in other provinces than have moved here from elsewhere in the country.
December 7, 2016
1:48PM
Since 2007, Ontario’s net debt has approximately doubled and is expected to reach $315 billion this year.
December 29, 2015
1:49PM
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.
February 5, 2015
9:30AM
Many Ontarians have likely heard a horror story or two about their government’s growing debt and the resulting strain on public finances. You can’t blame them. Sources of evidence abound.
December 13, 2014
10:00AM
When the federal government faced a growing debt problem in the late 1980s, then Opposition finance critic Paul Martin was initially skeptical about cutting spending.
June 19, 2014
6:00AM
Roughly 12 hours after Premier Kathleen Wynne was re-elected in Ontario with a majority government, bond markets and international credit rating agencies sent her a powerful message about the province’s dismal public finances.
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