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 finances
February 18, 2016
11:51AM
Ontario’s net debt is projected to climb to 40.2 per cent of the provincial economy this year.
November 26, 2015
3:00AM
Since 1990, Ontario has accumulated nearly $265 billion in net public debt. Put another way, nearly 90 per cent of Ontario’s net public debt has been accumulated over the last 25 years.
November 17, 2015
4:00AM
Recent deficit reduction track record is quite weak, which is why Ontario is still running an $8.5 billion deficit in 2015/16, several years after the recent recession.
November 18, 2014
10:00AM
There was an aura of complacency in Queen’s Park as the Ontario government released its update on the state of provincial finances.