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Chart Description


Chart: Net Debt-to-Operating Revenue

Year Planning Projection (%) Faster Growth Scenario (%) Slower Growth Scenario (%)
1990-1991 78 – –
1991-1992 104 – –
1992-1993 126 – –
1993-1994 157 – –
1994-1995 168 – –
1995-1996 176 – –
1996-1997 187 – –
1997-1998 184 – –
1998-1999 182 – –
1999-2000 189 – –
2000-2001 183 – –
2001-2002 183 – –
2002-2003 177 – –
2003-2004 188 – –
2004-2005 170 – –
2005-2006 162 – –
2006-2007 153 – –
2007-2008 146 – –
2008-2009 164 – –
2009-2010 189 – –
2010-2011 192 – –
2011-2012 208 – –
2012-2013 216 – –
2013-2014 225 – –
2014-2015 234 – –
2015-2016 225 – –
2016-2017 223 – –
2017-2018 214 – –
2018-2019 220 – –
2019-2020 226 – –
2020-2021 226 – –
2021-2022 207 – –
2022-2023 207 – –
2023-2024 199 – –
2024-2025 191 – –
2025-2026 208 204 211
2026-2027 213 203 223
2027-2028 210 194 225

Sources: Public Accounts of Ontario (1990–1991 to 2024–2025) and Ontario Financing Authority.

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