Overview

The Public Accounts presents the government’s financial statements and gives a picture of how finances were managed over the last fiscal year (April 1 to March 31).

The Auditor General reviews the Public Accounts before it is released and gives an opinion on whether Ontario is following independently established accounting standards.

Public Accounts are made up of:

  • an annual report
  • consolidated financial statements
  • supplementary information

It is typically released in the fall of the following fiscal year.

Descriptive transcript: Public Accounts 101

Read the guide to the Public Accounts

Read past editions of the Public Accounts

Learn more about the Ontario Budget cycle

Annual report

The annual report is a high-level summary. It includes financial statements and analysis, as well as achievements for the fiscal year.

Read the annual report (2025–26)

Download data from the annual report on the government’s five-year trends for:

Consolidated financial statements

These statements compare government revenues to its expenses (the cost of providing programs and services and financing debt). The result is the annual surplus or deficit. These statements also include the budget plan and last year’s numbers for comparison.

Read the consolidated financial statements (2025–26)

Ministry Statements and Schedules

Ministry Statements and Schedules contains ministry statements, detailed schedules of debt and other items. This document details where government revenue comes from, including taxes, non-tax revenue and income from government business enterprises, alongside the expenses of ministries.

Read Ministry Statements and Schedules (2025–26)

Ministry spending

Health

$83,430,094,694

Education

$42,122,468,260

Children, Community and Social Services

$21,585,214,713

Finance

$17,330,251,384

Transportation

$15,731,906,998 

Colleges, Universities, Research Excellence and Security

$9,569,221,059   

Long-Term Care

$8,856,019,584

Energy and Mines

$7,686,146,406

Solicitor General

$5,016,154,163

Attorney General

$2,641,762,307

Infrastructure

$2,303,065,693 

Treasury Board Secretariat

$2,211,930,256

Labour, Immigration, Training and Skills Development

$1,969,389,979

Economic Development, Job Creation and Trade

$1,925,809,595

Municipal Affairs and Housing

$1,886,486,768

Public and Business Service Delivery

$1,667,317,793

Tourism, Culture and Gaming

$1,568,266,928 

Natural Resources

$933,186,688 

Northern Economic Development and Growth

$881,256,957

Agriculture, Food and Agribusiness

$804,407,462

Environment, Conservation and Parks

$588,987,219

Emergency Preparedness and Response

$275,743,824   

Office of the Assembly

$249,446,723

Sport

$166,596,398

Seniors and Accessibility

$161,522,936

Indigenous Affairs and First Nations Economic Reconciliation

$158,637,271

Office of the Chief Electoral Officer

$81,978,922  

Citizenship and Multiculturalism

$78,962,897

Cabinet Office

$77,060,712 

Ombudsman Ontario

$31,697,439

Office of the Auditor General

$30,880,183

Francophone Affairs

$14,345,097

Rural Affairs

$10,020,385

Office of the Lieutenant Governor

$2,652,004

Office of the Premier

$2,431,811 

 

Detailed Schedules of Payments

Detailed Schedules of Payment contains the transfer payments made by ministries to recipients that are not a part of the Government of Ontario, such as hospitals, community agencies and schools. It also includes payments to vendors for goods and services, such as third-party staffing agencies, consultants and telecom providers.

Read Detailed Schedules of Payments (2025–26)

Financial statements of government organizations and business enterprises 2025–26

Find the individual financial statements of government organizations (including hospitals, colleges and school boards), trusts under administration (such as the Public Guardian and Trustee for the Province of Ontario), businesses and other organizations on their websites.

Access listing of organizations (2025–26)