ontario debt

2:26PM
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Since the recession, Queen’s Park has failed to take meaningful action to reform and reduce program spending.

10:24AM
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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.

3:00AM
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The more money governments spend on interest payments, the less money is available for programs and services.

3:00AM
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Per capita municipal debt in Ontario ranged from a low of zero in Whitby to a high of $2,634 in York Region.

1:48PM
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Since 2007, Ontario’s net debt has approximately doubled and is expected to reach $315 billion this year.

3:00AM
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In the absence of additional action, Ontario budget deficits will continue to at least 2020-21.

10:54AM
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The Ontario government shows no sign of abandoning its costly and ineffective “green” programs.