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Ontario net public debt and the per capita debt
calculations - recap
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the following statement represents the
provincial public debt, and the per capita net effect
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data extracted from the Ontario Public Accounts
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| province of ontario net
debt summary |
| (the net debt is a
calculation of financial assets less the liabilites - which is
different than the interest bearing debt) |
| ontario's Interest |
Outstanding |
Debt amount change |
Annual cost of ontario's |
| Bearing Debt |
amount of debt |
Increase or |
Public Debt |
| Periods |
(loans and current liabilities) |
(Decrease-in red) |
(interest) |
| (millions) |
|
Fiscal Period 2014-15 |
$284,576 |
$17,386 |
$10,635 |
|
Fiscal Period 2013-14 |
$267,190 |
$15,102 |
$10,572 |
|
Fiscal Period 2012-13 |
$252,088 |
$16,506 |
$10,341 |
|
Fiscal Period 2011-12 |
$235,582 |
$21,071 |
$10,082 |
|
Fiscal Period 2010-11 |
$214,511 |
$20,922 |
$9,480 |
|
Fiscal Period 2009-10 |
$193,589 |
$40,264 |
$8,719 |
|
Fiscal Period 2008-09 |
$153,325 |
$10,907 |
$8,566 |
|
Fiscal Period 2007-08 |
$142,418 |
$1,318 |
$8,914 |
|
Fiscal Period 2006-07 |
$141,100 |
($828) |
$8,831 |
|
Fiscal Period 2005-06 |
$141,928 |
$1,266 |
$9,019 |
|
Fiscal Period 2004-05 |
$140,662 |
$2,105 |
$9,368 |
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ONTARIO PER CAPITA DEBT SUMMARY |
|
FEDERAL PER CAPITA DEBT SUMMARY |
|
($millions$) |
|
($millions$) |
| |
2014-15 |
2013-14 |
Change
+ (-) |
|
|
2014-15 |
2013-14 |
Change
+ (-) |
| Financial
Position Net Debt |
$284,576.00 |
$267,190.00 |
$17,386.00 |
|
Financial Position Net Debt |
$686,959.00 |
$682,314.00 |
$4,645.00 |
| |
|
|
|
|
|
|
|
|
|
Interest-Bearing Debt |
$346,553.00 |
$325,114.00 |
$21,439.00 |
|
Interest-Bearing Debt |
$899,986.00 |
$889,364.00 |
$10,622.00 |
| Interest on
Interest-Bearing Debt |
$10,635.00 |
$10,572.00 |
$63.00 |
|
Interest on Interest-Bearing Debt |
$26,594.00 |
$28,220.00 |
($1,626.00) |
| Average
Interest Rate |
3.07% |
3.25% |
|
|
Average Interest Rate |
2.95% |
3.17% |
|
| |
|
|
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|
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| Accounts
Payable and Accruals |
$21,074.00 |
$19,691.00 |
$1,383.00 |
|
Accounts Payable and Accruals |
$123,631.00 |
$111,421.00 |
$12,210.00 |
| Total
Liabilities |
$367,627.00 |
$344,805.00 |
$22,822.00 |
|
Total Liabilities |
$1,023,617.00 |
$1,000,785.00 |
$22,832.00 |
| |
|
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|
|
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| Population
Estimate (StatsCan) |
13,792,000 |
13,678,700 |
113,300 |
|
Population Estimate (StatsCan) |
35,733,300 |
35,423,700 |
309,600 |
| TOTAL
LIABILITY PER CAPITA |
$26,655.09 |
$25,207.44 |
$1,447.65 |
|
TOTAL LIABILITY PER CAPITA |
$28,646.02 |
$28,251.85 |
$394.17 |
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COMBINED PER CAPITA PUBLIC DEBT SUMMARY
(provincial + federal) |
|
($millions$) |
| |
2014-15 |
2013-14 |
Change + (-) |
|
Financial Position Net Debt |
$39,858.03 |
$38,794.80 |
$1,063.23 |
| |
|
|
|
|
Interest-Bearing Debt |
$50,313.30 |
$48,874.37 |
$1,438.93 |
|
Interest on Interest-Bearing Debt |
$1,515.33 |
$1,569.52 |
($54.19) |
|
Average Interest Rate |
3.01% |
3.21% |
|
| |
|
|
|
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Accounts Payable and Accruals |
$4,987.81 |
$4,584.92 |
$402.89 |
|
Total Liabilities |
$55,301.11 |
$53,459.29 |
$1,841.82 |
Last Modified Date:
04/05/2017
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