Within two fiscal years of Chretien's 1995 budget, federal finances had moved from large deficits to surpluses.
ontario fiscal update
March 30, 2020
9:36AM
Provincial government debt-service costs are set to reach $13.2 billion this year.
April 11, 2019
4:12PM
Ontario's debt will hit a projected $391.6 billion by 2023/24.
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.
January 29, 2018
1:43PM
Ontario’s provincial debt nearly doubled from $157 billion in 2007/08 to $301 billion in 2016/17.
November 26, 2015
11:59AM
On Thursday, Finance Minister Charles Sousa will provide an update for Ontarians on the state of provincial government finances.
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 25, 2015
10:17AM
The Ontario government's strategy to eliminate the projected $8.5 billion deficit has largely hinged on hoping revenues will grow robustly and eventually catch up to spending increases. This is a risky strategy.
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.