Between 2018/19 and 2022/23, the Ontario government expects a 6 per cent increase in inflation-adjusted per-person spending.
ontario government debt
April 28, 2022
3:27PM
It’s always easier to promise fiscal restraint several years down the road than actually deliver on it.
April 28, 2022
3:00AM
The province's net debt has climbed from $338 billion in 2018 to more than $400 billion.
April 27, 2022
9:48AM
The government has increased per-person spending by more than 10 per cent between 2018/19 and 2020/21.
April 26, 2022
11:30AM
Since 1990, the province's net debt-to-GDP ratio has grown from 13 per cent to 43 per cent.
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.