Ontario’s “share” of the federal deficit this year will be approximately $7.1 billion.
ontario deficit
January 9, 2019
8:59AM
Ontario’s government spends more than $1 billion every month on debt interest.
December 19, 2018
11:36AM
This year’s budget shortfall is projected to eclipse $14 billion.
December 11, 2018
10:55AM
Ontario spends about nine per cent of all revenue on government debt-service payments.
November 28, 2018
12:03PM
A nominal total spending freeze would mean annual reductions in inflation-adjusted per-person spending of about three per cent.
November 21, 2018
9:57AM
Despite Premier Ford’s rhetoric, government spending in Ontario will still be up markedly this year.
November 15, 2018
1:42PM
The government’s operating deficit now stands at $14.5 billion—only half a billion less than the pre-update status quo.
November 15, 2018
12:32PM
Deficits and debts are not free money—they come at a cost.
November 14, 2018
11:32AM
If Queen’s Park reduces spending by $5 billion, it could eliminate two-thirds of the provincial deficit.
November 14, 2018
12:00AM
The federal deficit is now about $19 billion.