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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