According to the 2020 budget, the government will spend an estimated $12.5 billion on debt interest.
ontario finances
July 24, 2020
9:48AM
In 1990, Ontario’s debt-to-GDP ratio stood at 13 per cent.
November 27, 2019
9:33AM
The Toronto and Ottawa metropolitan areas were responsible for 98.6 per cent of all net job growth in the province.
July 2, 2019
10:40AM
Ontario's net debt will reach a forecasted $390 billion within the next five years.
May 30, 2019
3:08PM
The government forecasts an increase in debt to nearly $400 billion by the end of its first term.
April 11, 2019
4:12PM
Ontario's debt will hit a projected $391.6 billion by 2023/24.
October 4, 2018
12:02PM
Government-sector employees in Ontario are paid approximately 13 per cent more than comparable private-sector workers.
September 26, 2018
1:27PM
If the government exercises spending restraint, it can eliminate Ontario’s $15 billion deficit in roughly three years.
July 25, 2018
12:17PM
The FAO projects a deficit of $12 billion due to higher spending and weak revenue growth.
July 5, 2018
8:39AM
The province’s debt load will hit $325 billion this year.