RECORD-BREAKING ONTARIO LIBERALS

  Toronto Sun:  When McGuinty made that excuse for breaking his promise and dramatically raising taxes, Ontario’s public debt was $138.8 billion.
  The debt expressed as a percentage of the provincial economy (debt-to-GDP-ratio) was 27.2%.
  And taxpayers were paying $9.6 billion annually in interest on debt.
  Today, after 15 years of Liberal rule, under McGuinty and now Wynne, Ontario’s public debt is projected at $325 billion this year, a 134% increase since 2003 — far outstripping population, inflation and economic growth.
 Today’s debt-to-GDP ratio is 37.6%.