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The average interest paid on the federal debt was 4.6% in FY2007–2008, [1] and by FY2020-2021 it was 1.4%. [ 44 ] : 49 However, economist Don Drummond , a former Finance Department assistant deputy minister, said in October 2020 that the interest rate on public debt would certainly rise from the level at that time, which was by far the lowest ...
The Ontario Financing Authority, which manages the provinces' debt, says that as of March 31, 2020 (for the 2019-20 fiscal year), the Ontario government's net debt is CDN $353.3 billion. [3] Net debt is projected to rise to $398 billion in 2020-21. The Debt-to-GDP ratio for 2019-2020 was 39.7%, and is projected to rise to 47.1% in 2020-21. [6]
The Progressive Conservative Party of Ontario (French: Parti progressiste-conservateur de l'Ontario), often shortened to the Ontario PC Party or simply the PCs, colloquially known as the Tories, is a centre to centre-right political party in Ontario, Canada. During its uninterrupted governance from 1943 to 1985, the Ontario PC Party adhered to ...
The Conservative Party of Canada (CPC; French: Parti conservateur du Canada, PCC), colloquially known as the Tories or simply the Conservatives, is a federal political party in Canada. It was formed in 2003 by the merger of the two main right-leaning parties, the Progressive Conservative Party (PC Party) and the Canadian Alliance, the latter ...
Income tax in Canada. Income taxes in Canada constitute the majority of the annual revenues of the Government of Canada, and of the governments of the Provinces of Canada. In the fiscal year ending March 31, 2018, the federal government collected just over three times more revenue from personal income taxes than it did from corporate income taxes.
The 2020 Conservative Party of Canada leadership election was a leadership election held to elect a successor to Andrew Scheer, who in December 2019 announced his pending resignation as leader of the Conservative Party of Canada. [ 3 ] The election was conducted by postal ballot from mid-July to 21 August 2020, [ 4 ] with the ballots processed ...
Ontario Savings Bonds (French: Obligations d’épargne de l’Ontario, OSBs) were bond securities offered by the province of Ontario from 1995 to 2018. Unlike the Canada Savings Bond, OSBs were sold only to residents of Ontario, and their principal and interest were backed by the Province of Ontario. The OSBs were available from financial ...
Since. December 19, 2022. The Court of Appeal for Ontario (frequently mistakenly referred to as the Ontario Court of Appeal) (ONCA is the abbreviation for its neutral citation) is the appellate court for the province of Ontario, Canada. The seat of the court is Osgoode Hall in downtown Toronto (also the seat of the Law Society of Ontario and ...