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 (2019-20)

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 (2019-20)

Ministry Statements and Schedules

Ministry Statements and Schedules (formerly Volume 1) 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 enterprises (such as the LCBO), alongside the expenses of ministries.

Read Ministry Statements and Schedules (2019-20)

Ministry spending

Health and Long-Term Care




Children, Community and Social Services




Training, Colleges And Universities

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Energy, Northern Development and Mines


Solicitor General


Attorney General


Treasury Board Secretariat


Tourism, Culture and Sport


Municipal Affairs / Housing


Agriculture, Food and Rural Affairs


Government and Consumer Services


Economic Development, Job Creation and Trade


Natural Resources and Forestry


Environment, Conservation And Parks






Assembly, Office of the


Indigenous Affairs


Seniors and Accessibility


Chief Electoral Officer, Office of the


Cabinet Office


Auditor General, Office of the


Ombudsman Ontario


Francophone Affairs


Premier, Office of the


Lieutenant Governor, Office of the


Financial statements of government organizations and business enterprises 2019-20

Starting in 2018–19, the Financial Statements of Government Organizations and Business Enterprises (formerly Volume 2) is no longer part of the Public Accounts. 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 (2019-20)

Detailed Schedules of Payments

Detailed Schedules of Payment (formerly 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.

Read Detailed Schedules of Payments (2019-20)