Ontariowe's $400B Debt

FAO estimates the most indebted Sub-National in history will run a $41B operating deficit this year. With Capital deficit, Ontario will surely exceed $400B net debt this year.

Debt to GDP is expected to approach 50% in 2021.

Interestingly, Ontario's operating and capital deficits from 2009 have a present value of almost $30B.

Ontario is the only OECD jurisdiction with government / single payer healthcare AND funding for Government Schools only.