Ontario Government Spending
Get data-driven insights into how the Ontario government’s revenue and spending affect Ontario residents and programs.
Financial Year 2023-24 Ontario Revenue and Spending
Explore Ontario revenue and spending categories or filter by ministry for deeper insights.
Financial Position 2023-24
Budget Surplus/Deficit
The difference between revenue and spending. A surplus indicates revenue exceeded spending.
$647M deficit
Budget balance for 2023-24
Total Revenue
All revenue collected during the fiscal year, including taxes, transfers, and other sources.
$205.9B
Total revenue in 2023-24
Total Spending
All program and operating spending recorded for the fiscal year.
$206.6B
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
Ontario Government Departments explained
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.
