Ontario Is The World’s Largest Sub-Sovereign Debtor

Wikipedia: “As of March 31, 2018, the Ontario government’s total debt is projected to be CDN$348.79 billion.[5] The Debt-to-GDP ratio for 2017-2018 is 37.1% and interest on the debt is CDN$11.97 billion, representing 8.0% of Ontario’s revenue and its fourth-largest spending area”. Read more

Image By Alex Guibord from Toronto, Canada – Kathleen Wynne’s Campaign Bus, CC BY 2.0, https://commons.wikimedia.org/w/index.php?curid=64619065

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