<Tr> <Td_colspan="4"> Source: <P> Ontario Financing Authority (2004 - 2014) Viable Opposition (1985 - 2004) - referencing a TD Bank report Ontario Financing Authority </P> </Td> </Tr> <P> Ontario Financing Authority (2004 - 2014) Viable Opposition (1985 - 2004) - referencing a TD Bank report Ontario Financing Authority </P> <P> The Ontario government debt is the net amount of money the Government of Ontario has borrowed from the general public, institutional investors and public - sector bodies . As of March 31, 2018, the Ontario government's total debt is projected to be CDN $348.79 billion . The Debt - to - GDP ratio for 2017 - 2018 is 37.1% and interest on the debt is CDN $11.97 billion, representing 8.0% of Ontario's revenue and its fourth - largest spending area . </P> <P> As of March 31, 2018 the breakdown of Ontario's debt is as follows: </P>

Who does the ontario government borrow money from