ontario deficit

9:45AM
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If Toronto’s housing market continues to cool there would be substantial negative implications for provincial revenues.


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.


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


9:33AM
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Ontario government debt interest is expected to climb from $11.6 billion this year to $12.6 billion two years from now.