Provincial Finance Minister Charles Sousa tells an upbeat story about a booming Ontario, but reality is more complicated. The province’s finances remain a mess.
ontario government debt
May 3, 2017
9:33AM
Ontario government debt interest is expected to climb from $11.6 billion this year to $12.6 billion two years from now.
April 28, 2017
9:10AM
Ontario debt interest payments now stand at roughly $1 billion per month.
April 26, 2017
9:30AM
Ontario’s debt now totals more than $300 billion.
April 10, 2017
10:49AM
Ontario’s debt is projected to hit $370 billion over the next five years.
April 5, 2017
9:28AM
Ontario’s debt burden has grown by more than $10 billion per year since 2007/08.
March 29, 2017
9:11AM
Ontario’s top marginal tax rate is 53.5 per cent, among the highest rates in the developed world.
February 8, 2017
10:24AM
The Wynne government is finally promising to balance Ontario’s operating budget, but if anybody thinks that means an end to growing government debt, they should think again.
January 25, 2017
8:41AM
The total government debt-servicing costs for Ontarians in 2016/17 is a projected $21.2 billion.