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.


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 (2022–23)

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 (2022–23)

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 (2022–23)

Ministry spending

Health

$67,014,685,125

Education

$34,557,964,819

Children, Community and Social Services

$18,229,353,271

Finance

$13,977,853,069

Transportation

$9,977,860,944
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Long-Term Care

$7,200,598,047

Colleges and Universities

$6,718,986,129

Indigenous Affairs

$6,385,018,005

Energy

$5,878,357,365

Solicitor General

$3,790,648,694

Labour, Training and Skills Development

$2,147,780,369

Attorney General

$2,018,088,512

Government and Consumer Services

$1,761,266,218

Heritage, Sport, Tourism and Culture Industries

$1,689,213,656

Municipal Affairs and Housing

$1,564,567,365

Northern Development, Mines, Natural Resources and Forestry

$1,497,363,862

Treasury Board Secretariat

$1,457,558,823

Economic Development, Job Creation and Trade

$1,078,357,210

Infrastructure

$1,014,554,757

Agriculture, Food and Rural Affairs

$618,359,891

Environment, Conservation and Parks

$379,211,137

Seniors and Accessibility

$237,283,234

Office of the Assembly

$185,473,165

Office of the Chief Electoral Officer

$172,099,220

Citizenship and Multiculturalism

$49,238,125

Cabinet Office

$42,984,890

Office of the Auditor General

$26,823,634

Ombudsman Ontario

$24,056,845

Francophone Affairs

$7,732,403

Office of the Premier

$2,430,248

Office of the Lieutenant Governor

$1,928,121

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 (2022–23)

Financial statements of government organizations and business enterprises 2022–23

Find the individual financial statements of government organizations (including hospitals, colleges and school boards), trusts under administration (such as the Workplace Safety and Insurance Board), businesses and other organizations on their websites.

Access listing of organizations (2022–23)