ontario government debt

4:45PM
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Ford’s deficit-reduction plan reminiscent of Rae, McGuinty, Wynne years

In fiscal year 2022/23, Ontario's government debt interest costs will reach $13.9 billion.


11:39AM
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Ontario stuck in vicious cycle of deficits and debt accumulation

The Ford government has said this week's budget will focus on COVID response measures.


12:00AM
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Premier Ford’s choice is clear—more government debt or real reform

Ontario’s net debt more than doubled in one decade, to $324 billion in 2017.


9:12PM
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Ontario budget deficit will reach historic levels

The province's deficit this year will be 4.6 per cent larger than the Ontario economy.


9:48AM
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Three recessions tell Ontario’s debt story

In 1990, Ontario’s debt-to-GDP ratio stood at 13 per cent.


10:41AM
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Ontarians shoulder provincial government debt—and big chunk of federal debt

The government’s debts exceed its financial assets by approximately $353.7 billion.


9:16AM
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Ford government’s upcoming second budget should include real fiscal reform

Ontario's top marginal personal income tax rate of 53.53 per cent is the second-highest in North America.