ontario debt

11:48AM
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The Wynne government’s fiscal plan calls for an average of $11.8 billion annually in new debt between now and 2019/20.


8:45AM
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Provincial Finance Minister Charles Sousa tells an upbeat story about a booming Ontario, but reality is more complicated. The province’s finances remain a mess.


5:00AM
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An economic slowdown or recession would make the Wynne government’s debt reduction plan much less likely.


9:08AM
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Ontario’s government debt amounts to approximately $21,000 per person.


4:30AM
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Ontario has seen its share of total provincial net debt rise to 51 per cent.


3:03PM
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Ontario plans to add approximately $34 billion in new debt over the next three years.