Since 1990, the province's net debt-to-GDP ratio has grown from 13 per cent to 43 per cent.
ontario government debt
April 20, 2022
3:30AM
Despite steep budget deficits, successive provincial governments have been unwilling to reduce spending.
March 31, 2022
1:00AM
February 9, 2022
1:15PM
The government projects a budget deficit of $21.5 billion for 2021-22.
December 23, 2021
9:05AM
In the recent past, the province's recessions have been followed by extended periods of debt growth.
November 1, 2021
12:19PM
At 48.8 per cent, Ontario’s net debt-to-GDP ratio this year will be the highest in provincial history.
October 1, 2021
10:27AM
Real per-person economic growth was 9.1 per cent in Ontario compared to 26.1 per cent in the rest of Canada.
July 2, 2021
9:34AM
The province’s nominal debt will rise from $440 billion in 2021/22 to $504 billion in 2023/24.
June 22, 2021
10:25AM
Ontario's debt interest costs will rise by 21 per cent.
