Tag Archive: Ontario not facing ‘debt wall

on January 21, 2016 in World News

Ontario not facing ‘debt wall,’ says study of province’s fiscal health

Amid all of Canada’s bleak economic news, there may be a glimmer of hope about Ontario’s massive provincial debt. By: Robert Benzie Queen’s Park Bureau Chief Amid all of Canada’s bleak economic news, there may be a glimmer of hope about Ontario’s massive provincial debt. A new report on the province’s fiscal situation to be released Thursday concludes the long-term outlook is less grim than critics have feared thanks largely to historically low interest rates and a growing Ontario economy. “Despite some concerns about the level of Ontario’s debt, the province isn’t anywhere close to hitting a debt wall,” said… View Article

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