In 2023/24, the province's net debt reached $408 billion.
ontario finances
August 14, 2024
1:00AM
This year the government plans to run a $9.8 billion deficit followed by a $4.6 billion deficit next year.
March 26, 2024
3:16PM
The government will increase program spending by $4.2 billion in 2024/25 and $3.5 billion in 2025/26.
March 24, 2024
4:30AM
In 2017-18, Ontario government program spending was 17.3 per cent of GDP compared to 17.9 per cent this fiscal year.
March 18, 2024
3:24PM
By the end of this fiscal year, deficits under the Ford government will total a projected $41.7 billion over six years.
December 19, 2023
3:30AM
The province’s $5.6 billion operating deficit is just the tip of the iceberg.
March 20, 2023
8:00AM
The province's government debt burden equals 38.7 per cent of the provincial economy.
March 15, 2023
9:30AM
The province's spending is forecasted to be $29.4 billion higher than previously projected for 2022/23.
December 21, 2022
10:56AM
Despite years of criticizing its predecessors for reckless spending, the Ford government has followed a similar fiscal path.