Ottawa plans to create a national childcare system and introduce more “green” spending initiatives.
In 1990, Ontario’s debt-to-GDP ratio stood at 13 per cent.
George W. Bush increased the ratio by 27.5 percentage points.
Ontario’s government spends more than $1 billion every month on debt interest.
Ontario’s debt-to-GDP ratio has climbed from 26 per cent pre-recession to 38 per cent today.
The ratio of household net worth-to-GDP has risen over time.