...shot itself in the face?
Oct. 2, 2003... the day the economy died.
• A recent Fraser Institute study showed that Ontario has acquired more than half of its nearly $300 billion net debt since 2003/04. •Looky here... we're now Number 1.
In 2003/04, the baseline year for our analysis, Ontario’s debt burden (27.2 percent of GDP) was substantial, but ranked in the bottom half among the provinces.
Between 2003/04 and 2015/16, Ontario’s debt level increased by more than any other province. Over this time, Ontario’s net debt rose by $10,292 per person, the largest per capita increase in Canada.2003, 2003... that sounds so familiar...
Oct. 2, 2003... the day the economy died.



