ontario government spending

3:23PM
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Ford fiscal strategy resembles McGuinty/Wynne plans—with predictable results

By fiscal year 2023/24, Ontario's provincial net debt will eclipse $503 billion.


9:48AM
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Ford government must dramatically change course to fulfill many promises

High spending levels increase government debt, which raises the spectre of future higher taxes and creates uncertainty for potential investors.


10:48AM
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Ford budget could represent turning point in Ontario fiscal history

Within two fiscal years of Chretien's 1995 budget, federal finances had moved from large deficits to surpluses.


11:57AM
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Ontario’s debt legacy makes balancing budget harder

According to the 2020 budget, the government will spend an estimated $12.5 billion on debt interest.


4:05PM
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Ontario’s combined government debt exceeds 100% of GDP

By 2020/21, the provincial net debt equaled $27,010 per Ontarian.


9:44AM
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Ford government faces pivotal choice in upcoming budget

Ontario's debt interest costs are expected to increase to $13.9 billion in 2022/23.


10:50AM
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Ford government faces critical decisions as budget day looms

According to forecasts, Ontario's net government debt will approach $463 billion in 2022/23.


3:08PM
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Ontario’s red ink—the Ford government should heed lessons from recent past

According to the recent budget, Ontario's deficits will average 3.7 per cent of GDP over the next three years.