<P> The Ontario government debt is the net amount of money the Government of Ontario has borrowed from the general public , institutional investors and public - sector bodies . As of March 31 , 2018 , the Ontario government 's total debt is projected to be CDN $348.79 billion . The Debt - to - GDP ratio for 2017 - 2018 is 37.1 % and interest on the debt is CDN $11.97 billion , representing 8.0 % of Ontario 's revenue and its fourth - largest spending area . </P>
<P> The Ontario government debt is the net amount of money the Government of Ontario has borrowed from the general public , institutional investors and public - sector bodies . As of March 31 , 2018 , the Ontario government 's total debt is projected to be CDN $348.79 billion . The Debt - to - GDP ratio for 2017 - 2018 is 37.1 % and interest on the debt is CDN $11.97 billion , representing 8.0 % of Ontario 's revenue and its fourth - largest spending area . </P>
who does the ontario government borrow money from
who does the ontario government borrow money from
the general public institutional investors public - sector bodies .
the general public institutional investors public - sector bodies .