Since the recession, Queen’s Park has failed to take meaningful action to reform and reduce program spending.
ontario finances
November 24, 2016
1:52PM
Ontario increased its top marginal personal income tax rate by about 17 per cent.
November 17, 2016
9:24AM
The province is on track to run its ninth consecutive multi-billion dollar budget deficit.
November 14, 2016
2:52PM
Ontario’s net debt burden will climb to $370 billion by 2020.
October 13, 2016
10:25AM
Since 2007, Ontario has seen its net debt approximately double, from $157 billion to $308 billion.
May 31, 2016
10:58AM
Ontarians spend nearly a billion dollars a month just to service provincial government debt.
May 27, 2016
6:42PM
Ontario will acquire approximately $50 billion in new debt between now and 2020/21.
March 30, 2016
1:55PM
Ontarians are already burdened by a $300 billion provincial net debt that has ballooned over the past decade.
March 4, 2016
4:10PM
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.
February 18, 2016
11:51AM
Ontario’s net debt is projected to climb to 40.2 per cent of the provincial economy this year.