ontario government debt

12:19PM
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Three recessions—a history of Ontario’s debt growth

At 48.8 per cent, Ontario’s net debt-to-GDP ratio this year will be the highest in provincial history.


10:27AM
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Ontario’s economy—slow growth and weak business investment

Real per-person economic growth was 9.1 per cent in Ontario compared to 26.1 per cent in the rest of Canada.


9:34AM
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Ontario consistently fails to reduce government debt after recessions

The province’s nominal debt will rise from $440 billion in 2021/22 to $504 billion in 2023/24.


11:51AM
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Reliance on housing investment creates prosperity mirage in Ontario

The provincial net debt-to-GDP ratio went from about 5 per cent in the 1960s to more than 40 per cent in 2020.


10:29AM
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Ford government presiding over massive growth of debt and debt interest costs
Ontario's projected net government debt will eclipse $585 billion by 2029-30.

10:48AM
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Ford budget could represent turning point in Ontario fiscal history

Within two fiscal years of Chretien's 1995 budget, federal finances had moved from large deficits to surpluses.