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.
ontario budget
February 8, 2017
10:24AM
November 24, 2016
1:52PM
Ontario increased its top marginal personal income tax rate by about 17 per cent.
November 17, 2016
9:24AM
The province is on track to run its ninth consecutive multi-billion dollar budget deficit.
November 14, 2016
2:52PM
Ontario’s net debt burden will climb to $370 billion by 2020.
October 13, 2016
10:25AM
Since 2007, Ontario has seen its net debt approximately double, from $157 billion to $308 billion.
May 31, 2016
10:58AM
Ontarians spend nearly a billion dollars a month just to service provincial government debt.
May 27, 2016
6:42PM
Ontario will acquire approximately $50 billion in new debt between now and 2020/21.
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.