Ontario's Borrowing Program
Ontario's Borrowing Program
| ($ Billions) | 2020–21 | Medium-Term Outlook | ||||
|---|---|---|---|---|---|---|
| 2020 Budget | Change from 2020 Budget | Interim1 2020–21 | 2021–22 | 2022–23 | 2023–24 | |
| Deficit/(Surplus) | 38.5 | – | 38.5 | 33.1 | 27.7 | 20.2 |
| Investment in Capital Assets | 10.6 | 1.4 | 11.9 | 11.8 | 12.5 | 11.9 |
| Non-Cash Adjustments | (9.2) | – | (9.2) | (9.5) | (9.5) | (9.5) |
| Loans to Infrastructure Ontario | – | – | – | 0.2 | (0.2) | 0.0 |
| Other Net Loans/Investments | 0.6 | (0.7) | (0.1) | 1.3 | 0.1 | (1.0) |
| Debt Maturities/Redemptions | 26.7 | – | 26.7 | 25.0 | 30.5 | 33.6 |
| Total Funding Requirement | 67.0 | 0.7 | 67.7 | 61.9 | 61.1 | 55.2 |
| Decrease/(Increase) in Short-Term-Borrowing | (5.7) | 4.7 | (1.0) | (6.0) | (2.0) | – |
| Increase/(Decrease) in Cash and Cash Equivalents | (1.4) | (4.0) | (5.4) | 4.0 | – | – |
| Pre-borrowing in 2019–20 | (7.6) | – | (7.6) | – | – | – |
| Pre-borrowing for 2021–222 | – | 6.1 | 6.1 | (6.1) | – | – |
| Total Long-Term Public Borrowing | 52.3 | 7.5 | 59.8 | 53.9 | 59.1 | 55.2 |
1 Interim represents the 2021 Budget projection for the 2020–21 fiscal year.
2 As of March 31, 2021.
Note: Numbers may not add due to rounding.
Source: Ontario Financing Authority.
2021–22 Borrowing Program Status
| Total Long-Term Public Borrowing: | $53.9B |
|---|---|
| Borrowed as of | $9.8B |
Swiss Franc Bond
$0.3B
$0.3B
Canadian Dollar Syndicated Bonds $5.7B
U.S. Dollar Bonds $3.8B
Note: Numbers may not add due to rounding.
Domestic and International Borrowing
As of
Note: Numbers may not add due to rounding.
Accessible description of chart: Domestic and International Borrowing
