ontario budget

10:24AM
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The Wynne government is finally promising to balance Ontario’s operating budget, but if anybody thinks that means an end to growing government debt, they should think again.

1:52PM
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Ontario increased its top marginal personal income tax rate by about 17 per cent.


10:25AM
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Since 2007, Ontario has seen its net debt approximately double, from $157 billion to $308 billion.


10:58AM
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Ontarians spend nearly a billion dollars a month just to service provincial government debt.

6:42PM
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Ontario will acquire approximately $50 billion in new debt between now and 2020/21.


4:40PM
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In 2012/13, Ontario spent $25 billion on education—a 50 per cent increase in only one decade.


4:10PM
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This year’s operating deficit will be “only” $5.7 billion in 2015/16, down from the $8.5 billion projected in last April’s budget.