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 (2021-22)

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 (2021-22)

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 (2021-22)

Ministry spending

Health

$66,314,484,566

Education

$32,239,373,048

Children, Community and Social Services

$17,307,135,148

Finance

$13,849,990,742

Transportation

$9,554,591,690
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Energy, Northern Development and Mines

$7,594,889,014

Long-Term Care

$7,360,004,475

Colleges and Universities

$6,565,151,023

Ministry of the Solicitor General

$3,447,975,428

Treasury Board Secretariat

$2,917,273,380

Labour, Training and Skills Development

$2,369,236,251

Attorney General

$2,102,713,919

Heritage, Sport, Tourism and Culture Industries

$1,760,012,806

Municipal Affairs and Housing

$1,557,051,234

Government and Consumer Services

$1,290,016,474

Economic Development, Job Creation and Trade

$989,093,598

Natural Resources and Forestry

$934,025,735

Infrastructure

$919,131,313

Agriculture, Food and Rural Affairs

$565,475,879

Environment, Conservation and Parks

$381,398,655

Indigenous Affairs

$241,862,867

Office of the Assembly

$166,493,213

Seniors and Accessibility

$115,916,634

Office of the Chief Electoral Officer

$87,532,761

Cabinet Office

$38,919,193

Office of the Auditor General

$25,856,350

Ombudsman Ontario

$20,879,197

Francophone Affairs

$8,801,661

Office of the Premier

$2,378,122

Office of the Lieutenant Governor

$1,807,192

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 (2021-22)

Financial statements of government organizations and business enterprises 2021-22

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 (2021-22)