ontario budget

10:24AM
Printer-friendly version
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.

10:25AM
Printer-friendly version

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


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

6:42PM
Printer-friendly version

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


4:40PM
Printer-friendly version

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


4:10PM
Printer-friendly version

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.


3:00AM
Printer-friendly version

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.