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.
ontario deficit
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.
February 10, 2016
3:00AM
Dalton McGuinty laments that the Great Recession stunted his plans to expand Ontario public services
In his autobiography, McGuinty discusses how his first act as premier was to break his election promise and raise taxes.