Over the next five years, net debt is expected to climb at an annual average rate of $9.6 billion per year.
ontario government debt
March 28, 2019
10:38AM
Ontario’s debt-to-GDP ratio is forecasted to be 40.4 per cent.
March 27, 2019
10:06AM
Ontario increased its top rate to 20.53 per cent.
February 21, 2019
9:52AM
Neither the McGuinty or Wynne governments balanced the budget.
January 30, 2019
9:25AM
Ontario’s “share” of the federal deficit this year will be approximately $7.1 billion.
August 1, 2018
2:53PM
In 2017/18, Ontario’s net debt reached $308 billion.
July 25, 2018
12:17PM
The FAO projects a deficit of $12 billion due to higher spending and weak revenue growth.
July 11, 2018
9:00AM
At the end of this year, Ontario will have run 10 operating deficits in 11 years.
April 18, 2018
10:37AM
Between 2007/08 and 2018/19, Ontario’s debt has grown from $157 billion to $325 billion.
April 4, 2018
11:52AM
This year, the government expects to add $16.8 billion to the province’s net debt.