Ontario will acquire approximately $50 billion in new debt between now and 2020/21.
ontario budget
March 16, 2016
4:40PM
In 2012/13, Ontario spent $25 billion on education—a 50 per cent increase in only one decade.
March 4, 2016
4:10PM
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.
March 2, 2016
3:00AM
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.
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 25, 2016
3:25PM
The Wynne government estimates it will add $11.5 billion in net debt in 2015/16.
February 25, 2016
10:46AM
Government spending has grown approximately 47 per cent faster than the provincial economy over a 12-year period.
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.