According to the government’s new projections, the deficit will be $5.6 billion—quadruple what it projected earlier this year.
Ontario's deficit
November 15, 2023
9:08AM
November 15, 2022
1:28PM
The government plans to increase spending by 8.6 per cent.
June 6, 2022
10:38AM
According to forecasts, the province’s net debt will eclipse $468 billion by 2024/25.
April 28, 2022
3:00AM
The province's net debt has climbed from $338 billion in 2018 to more than $400 billion.
December 18, 2019
10:17AM
The provincial debt is forecasted to reach $360 billion this year.
November 14, 2019
7:30AM
Quebec has substantially reduced its debt burden in recent years.
November 8, 2019
9:11AM
The projected deficit will hit $9 billion in 2019-20.
September 17, 2019
10:55AM
Ontario’s debt burden is forecasted to increase by $48.2 billion between 2018 and 2023.
June 21, 2019
9:42AM
The Ford government now forecasts a $11.3 billion deficit this year.
June 5, 2019
10:33AM
Throughout the 1970s and ’80s, governments across the country regularly ran deficits and racked up debt.