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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]
Ontario is the largest economy in Canada, making up around 38% of Canadian GDP. [1] [2] Though manufacturing plays an important role in Ontario's economy responsible for 12.6% of Ontario's GDP, the service sector makes up the bulk, 77.9%, of the economy. [3] Ontario's net debt-to-GDP ratio will rise to 40.7% in the year 2019–2020.
Raycom Sports is a Charlotte, North Carolina –based producer of sports television programs owned by Gray Television . It was founded in 1979 by husband and wife, Rick and Dee Ray. In the 1980s, Raycom Sports established a prominent joint venture with Jefferson-Pilot Communications which made them partners on the main Atlantic Coast Conference ...
Born in Ottawa, Ontario, Canada, on June 1, 1974, Alanis Morissette developed her love of music at an early age: She began playing piano when she was 6 years old, started dance lessons when she ...
Closing costs: 1.5% to 5% - This includes lawyer fees, appraisal fees, home inspection fees and property tax adjustments. Home insurance: $50 to $200 per month - A home is an enormous investment ...
2000s. The Big Mac entered the 2000s with an average price of $2.24, according the The Economist's Big Mac Index. As the years progressed, the cost of this item steadily increased to $2.35 in ...
For example, if a family of 4 in Ontario pays CA$20 per month extra for gas, home heating and other costs, that same family will receive CA$307 in annual rebates. Compared to the CA$240 in costs, the GHGPPA should leave them CA$67 better off in 2019. The rebate benefit increases each year as the carbon price and the rebate both gradually rise.
The government released the KPMG report on 12 December 2012, which projected a lifetime cost at C$45.8 billion over 42 years and showed that the estimated cost to both purchase and provide needed upgrades and infrastructure was included the government's $9 billion figure given previously, although it did not include operating costs.
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