Ontario’s debt grew by 107 per cent over 10 years.
Ontario has seen its share of total provincial net debt rise to 51 per cent.
Ontario plans to add approximately $34 billion in new debt over the next three years.
The province posted a $2.2 billion surplus in 2015/16.
Ontario and Quebec, Canada’s two largest provinces, recently released their fall updates on the state of government finances.
As recent as 2009/10, Quebec’s per-person net debt burden was approximately $4,400 higher than Ontario’s. That gap is projected to be just $1,100 this year.