How bad is Ontario’s debt? The Canadian Taxpayer’s Federation says that as of midday yesterday, Ontario’s net debt has crossed the $300 billion threshold. This comes after  the province’s financial watchdog said that by 2021, Ontario’s debt would reach $350B.  Is it enough to sink the province? What could be done?

Aaron Wudrick, Federal Director of the Canadian Taxpayer’s Federation

How bad is Ontario’s debt? The Canadian Taxpayer’s Federation says that as of midday yesterday, Ontario’s net debt has crossed the $300 billion threshold. This comes after  the province’s financial watchdog said that by 2021, Ontario’s debt would reach $350B.  Is it enough to sink the province? What could be done?


Aaron Wudrick, Federal Director of the Canadian Taxpayer’s Federation