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The Ontario Financing Authority, which manages the provinces' debt, says that as of March 31, 2020 (for the 2019-20 fiscal year), the Ontario government's net debt is CDN $353.3 billion. [3] Net debt is projected to rise to $398 billion in 2020-21. The Debt-to-GDP ratio for 2019-2020 was 39.7%, and is projected to rise to 47.1% in 2020-21. [6]
A Beer Store outlet in downtown Ottawa, NCR on Rideau Street (closed since October 2018) [16] A Beer Store outlet in Richmond Hill, Ontario in 2020. The Beer Store follows an open ownership model whereby any qualifying brewer is allowed the opportunity to become a Beer Store shareholder, but three multi-nationals own the vast majority of shares: Molson-Coors, Labatt (owned by Anheuser-Busch ...
The Workplace Safety and Insurance Board (WSIB) is the workplace compensation board for provincially regulated workplaces in Ontario.As an agency of the Ontario government, the WSIB operates "at arm's length" from the Ministry of Labour, Training and Skills Development and is solely funded by employer premiums, administration fees, and investment revenue.
The Treasury Board Secretariat is the ministry of the Government of Ontario that is charged with supporting the work of the Treasury Board/Management Board of Cabinet, a joint sub-committee of cabinet that manages the fiscal plan of the government including controlling all government spending, approving labour agreements and workforce planning, manage the provincial contingency fund and ...
Total assets. $30.6 billion (2019) [1]: 30. Number of employees. 2,300 (2019) Website. www.bdc.ca. The Business Development Bank of Canada (BDC; French: Banque de développement du Canada) is a Crown corporation and national development bank wholly owned by the Government of Canada, mandated to help create and develop Canadian businesses ...
Net income. CA$ 2.54 billion [1] (2020-21) Number of employees. 8000+ [4] Website. www.lcbo.com. The Liquor Control Board of Ontario (LCBO) is a Crown agency that retails and distributes alcoholic beverages throughout the Canadian province of Ontario. [5] It is accountable to the Legislative Assembly through the minister of finance. [5]
ServiceOntario is part of the Ministry of Public and Business Service Delivery which provides a single point of contact for core provincial government services to individuals and businesses in the province of Ontario, Canada. Established in 2006 from the existing network of Driver and Vehicle License Issuing Offices, ServiceOntario provides ...
The economy of Ontario is diversified. Ontario is the largest economy in Canada, making up around 38% of Canadian GDP. [1][2] Though manufacturing plays an important role in Ontario's economy responsible for 12.6% of Ontario's GDP, the service sector makes up the bulk, 77.9%, of the economy. [3] Ontario's net debt-to-GDP ratio will rise to 40.7 ...