The government has run budget deficits every year since 2008/09.
debt interest payments
February 24, 2021
9:39AM
Ontario will spend an estimated $13 billion on government debt interest costs in 2020/21.
February 4, 2021
9:33AM
Ontarians carry the second-largest combined government debt burden among Canadians.
January 27, 2021
9:11AM
A one percentage point increase in the effective interest rate would increase Ottawa's annual debt interest costs by $13.8 billion.
December 9, 2020
12:08PM
Government debt interest will cost Albertans a projected $3.0 billion by 2022/23.
November 25, 2020
9:53AM
The update projects a $21.3 billion provincial budget deficit in 2020/21.
September 3, 2020
3:21PM
Debt interest will cost Ottawa an estimated $19.5 billion this year.
July 29, 2020
4:00PM
Ontario entered this recession with an already elevated government debt burden.