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Ontario Government Spending

Get data-driven insights into how the Ontario government’s revenue and spending affect Ontario residents and programs.

Ontario's Revenue and Spending in Financial Year 2023-24

Look back at what Ontario's government made and spent.

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Source
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Financial Position 2023-24

Surplus/Deficit
The difference between revenue and spending. A surplus indicates revenue exceeded spending.
$647M deficit
Balance for 2023-24
Total Revenue
All revenue collected during the fiscal year, including taxes, transfers, and other sources.
$205.94B
Total revenue in 2023-24
Total Spending
All program and operating spending recorded for the fiscal year.
$206.58B
Total spending in 2023-24
Net Debt
Net Debt is what remains after subtracting financial assets (like cash and investments) from the Total Debt. It represents the debt that isn't immediately covered by liquid assets.
$408.0B
As of fiscal year end 2023-24
Total Debt
Total Debt is the government's complete outstanding debt. This is the figure on which interest payments are calculated.
$552.1B
As of fiscal year end 2023-24
Interest on Debt
Annual interest payments on outstanding debt. This represents the cost of servicing the province's debt obligations.
$11.4B
Annual interest expense for 2023-24

Ontario Government Workforce

Public Service Employees
74,000
Estimated public service workforce
Ministries + Agencies
28
Government organizations

Sources: Public Accounts of Ontario FY 2023-24

Ontario Government Departments explained

Agriculture, Food and Rural Affairs
Attorney General
Board of Internal Economy
Children, Community and Social Services
Citizenship and Multiculturalism
Colleges and Universities
Economic Development, Job Creation and Trade
Education
Energy
Environment, Conservation and Parks
Executive Offices
Finance
Francophone Affairs → Francophone Affairs
Health
Indigenous Affairs
Infrastructure
Labour, Immigration, Training and Skills Development
Long-Term Care
Mines
Municipal Affairs and Housing
Natural Resources and Forestry
Northern Development
Public and Business Service Delivery
Seniors and Accessibility
Solicitor General
Tourism, Culture, and Sport
Transportation
Treasury Board Secretariat

Methodology

Top-level figures are taken from the Annual Report, which is independetly audited by a third-party. Granular spending data is based off of Ministry Statements and Schedules.

In cases where the Ministry's total expenses did not sum up to the audited totals, an "Unreported" line-item was added (see here).

Sources

All government spending data is sourced from official databases, but due to the complexity of these systems, occasional errors may occur despite our best efforts. We aim to make this information more accessible and accurate, and we welcome feedback. If you notice any issues, please let us know here — we appreciate it and will work to address them promptly.

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