Ontario net debt up to $400 Billion
Provincial deficit ~39 Billion. Federal deficit ~350 Billion. Ontario is ~39% of the population of Canada. That is $12,000 in debt for each ontario resident this year without factoring municipal, business or personal debt. Crikey.
EDIT:
US Deficit is ~4 Trillion this year. Wow. They were at ~23 Trillion debt, so about a 17% bump. Canada is expected to have a ~45% bump in our national debt.
Provincial deficit ~39 Billion. Federal deficit ~350 Billion. Ontario is ~39% of the population of Canada. That is $12,000 in debt for each ontario resident this year without factoring municipal, business or personal debt. Crikey.
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EDIT:
US Deficit is ~4 Trillion this year. Wow. They were at ~23 Trillion debt, so about a 17% bump. Canada is expected to have a ~45% bump in our national debt.
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