Friday, April 14, 2017


Ontario's first balanced budget since the recession is set to be delivered April 27.
Even though Ontario's Liberal government has managed to knock down a deficit that was at one point more than $20 billion, the province's debt continues to grow.
It has swelled to more than $300 billion and in last year's budget interest on that debt was more than $11 billion and was growing twice as quickly as any program spending area..
Ontario's net-debt-to-GDP ratio is about 40 per cent.

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