Ontario's Borrowing Program
2023–24 Borrowing Program and Medium-Term Outlook
($ Billions) | 2023–24 | Medium-Term Outlook | ||||
---|---|---|---|---|---|---|
2023 Budget | Change from 2023 Budget | Interim 2023–24 | 2024–25 | 2025–26 | 2026–27 | |
Deficit/(Surplus) | 1.3 | 1.7 | 3.0 | 9.8 | 4.6 | (0.5) |
Investment in Capital Assets | 13.6 | 1.2 | 14.7 | 17.7 | 20.2 | 20.4 |
Non-Cash and Cash Timing Adjustments | (9.2) | 7.6 | (1.6) | (11.0) | (12.0) | (13.9) |
Net Loans and Investments | 0.1 | (0.4) | (0.2) | (0.3) | 0.1 | – |
Debt Maturities and Redemptions | 31.2 | – | 31.2 | 28.0 | 33.1 | 26.9 |
Total Funding Requirement | 37.0 | 10.1 | 47.1 | 44.2 | 46.0 | 32.8 |
Decrease/(Increase) in Short-Term-Borrowing | – | – | – | (5.0) | – | – |
Increase/(Decrease) in Year-End Cash and Cash Equivalents[1] | 5.0 | 5.0 | 10.0 | (1.7) | (8.3) | – |
Pre-borrowing in 2022–23 for 2023–24 | (14.5) | – | (14.5) | – | – | – |
Total Long-Term Public Borrowing | 27.5 | 15.1 | 42.6 | 37.5 | 37.7 | 32.8 |
2024–25 Borrowing Program Status
Total Long-Term Public Borrowing: | $37.5B |
---|---|
Borrowed as of | $17.8B |
Canadian Dollar Green Bond $1.3B
U.S. Dollar Bond
$2.1B
$2.1B
Australian Dollar Bond $1.3B
Canadian Dollar Syndicated Bonds $13.1B
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