Ontario’s half-trillion dollar debt is only getting worse
Ontario’s debt is nearing $500 billion—with $17.2 billion a year just in interest. Where is the money going, and can it be stopped?
Ontario’s debt is closing in on half a trillion dollars—and taxpayers are already paying the price.
In this episode of The Fighter, Kris Sims break down the Ford government’s latest budget and what it means for Ontarians and the rest of Canada. With $25.8 billion added to the debt this year alone and $17.2 billion going to interest payments, the province’s finances are heading in a dangerous direction.
Canadian Taxpayers Federation Ontario director Noah Jarvis joins Kris to give an inside look at budget day, the lack of transparency, and the real numbers behind the government’s spending.
Where is the money going? Why isn’t the debt slowing down? And is there any real plan to fix it?
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