The Public Accounts of Ontario 2017-18
The Public Accounts looks back at the government’s revenues and expenses. It compares the province’s financial performance with the goals outlined in the budget.
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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
- three supporting volumes
It is typically released in the fall of the following fiscal year.
The annual report is a high-level summary. It includes financial statements and analysis, as well as achievements for the fiscal year.
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.
Volume 1: ministry statements and schedules
Volume 1 contains ministry statements, detailed schedules of debt and other items. This volume details where government revenue comes from, including taxes, non-tax revenue and income from enterprises (such as the LCBO), alongside the expenses of ministries.
Health and Long-Term Care
Community and Social Services
Advanced Education and Skills Development
Select the show more/show less button to expand or hide the ministry spending bar chart.
Children and Youth Services
Community Safety and Correctional Services
Environment and Climate Change
Treasury Board Secretariat
Tourism, Culture and Sport
Municipal Affairs / Housing
Indigenous Relations and Reconciliation
Economic Development and Growth / Research, Innovation and Science
Agriculture, Food and Rural Affairs
Northern Development and Mines
Natural Resources and Forestry
Government and Consumer Services
Assembly, Office of the
Citizenship and Immigration
Chief Electoral Officer, Office of the
Status of Women
Auditor General, Office of the
Accessibility Directorate of Ontario
Premier, Office of the
Lieutenant Governor, Office of the
Volume 2: financial statements of government organizations and business enterprises
Volume 2 contains the individual financial statements of government organizations, business enterprises and other financial statements. These organizations and enterprises include agencies, such as Metrolinx and Hydro One, and organizations like the Workplace Safety and Insurance Board.
Volume 3: detailed schedules of payments
Volume 3 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.