2013 Ontario Budget

Budget balance

The government expects a $11.7-billion deficit for 2013-14.

Breakdown

A breakdown of revenues and expenses from the 2013 Ontario budget.

Revenue

Ontario's total revenue is expected to hit $116.8 billion in 2013-14.

Net debt

Ontario's net debt is expected to reach $272.8 billion in 2013-14.

Revenue breakdown

The government expects total revenues to rise to $116.8 billion in 2013-14.

Expenses breakdown

The government expects total expenses to rise to $127.6 billion in 2013-14.

Public debt interest

Annual interest on public debt is expected to reach $10.6 billion in 2013-14.

Debt-to-GDP

Ontario's net debt-to-GDP ratio is expected to be 39.3 per cent in 2013-14, rising to a peak of 40.4 per cent by 2015-16.