From 2015 to 2018, interest on Ontario's debt will grow from $11.2 billion to $13.1 billion—an increase of nearly 17 per cent.
Government Spending & Taxes
February 29, 2016
3:00AM
Over the last 50 years, federal spending has increased about twice as fast for First Nations people compared to the average Canadian.
February 26, 2016
2:57PM
There is very little to feel reassured about when it comes to Ontario finance minister Charles Sousa’s latest budget.
February 26, 2016
3:00AM
Researchers have found that the cost of improving household efficiency is more than twice the value of the energy savings.
February 25, 2016
3:25PM
The Wynne government estimates it will add $11.5 billion in net debt in 2015/16.
February 25, 2016
11:21AM
Provincial program spending between 2004/05 and 2014/15 increased by nearly 100 per cent.
February 25, 2016
8:37AM
Province’s net financial position could decrease by another $14 billion in 2016/17, making it a net debtor province.
February 24, 2016
10:45AM
If interest rates rise faster than expected, Ontario’s annual debt interest payments could increase by up to $857 million in 2017/18.
February 24, 2016
3:00AM
Ontario has run a budget deficit every year during Premier Wynne's time in office.
February 23, 2016
3:00AM
The Ontario government's fiscal projections assume revenues will grow faster than spending, when the opposite has often been the case.
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