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Last updateFri, 26 May 2017 2pm

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Ontario's double whammy of debt

Premier Kathleen Wynne's government is finally promising to balance Ontario's operating budget next year after nine consecutive deficits.

But if anybody thinks that means an end to growing government debt in Ontario, they should think again.

The fact is the province plans to continue adding billions of dollars in new debt.

Once you factor in the growth in debt the federal government has planned, the burden carried by Ontarians will actually continue to grow even faster than before.

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