Annual debt growth has increased substantially since 2018 when the Ford government took office.
ontario deficits
April 28, 2022
3:27PM
It’s always easier to promise fiscal restraint several years down the road than actually deliver on it.
March 31, 2022
1:00AM
June 15, 2021
2:10PM
According to government forecasts, Ontario’s debt will climb to $502 billion in 2023/24.
March 2, 2021
10:50AM
According to forecasts, Ontario's net government debt will approach $463 billion in 2022/23.
December 3, 2020
10:31AM
The province expects a $33.1 billion deficit next year.
November 16, 2020
3:08PM
According to the recent budget, Ontario's deficits will average 3.7 per cent of GDP over the next three years.
August 15, 2020
12:00AM
Ontario’s net debt more than doubled in one decade, to $324 billion in 2017.