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5 7 IOD-to-Revenue Per Cent 17 IOD-to-Revenue 14.8 15 14.5 14.6 13.9 14.2 13 10.8 11 9 8.8 7.7 1990-91 1991-92 1992-93 1993-94 Ontario 1994-95 1995-96 15.5 14.3 15.0 14.2 Faster Growth Scenario Slower Growth Scenario 9.1 8.8 8.6 8.7 8.6 8.5 8.4 8.3 8.3 12.9 12.9 8.2 2020-21 2021-22 2022-23 2023-24 11.1 9.7 1997-98 1998-99 2000-01 2001-02 2003-04 1996-97 1999-00 2002-03 2004-05 2005-06 9.1 9.1 8.9 8.4 8.5 8.9 9.0 8.2 8.8 8.9 8.7 7.9 8.0 8.3 8.1 2006-07 2007-08 Actuals 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 Sources: Public Accounts of Ontario (1990-1991 to 2019-2020) and Ontario Financing Authority. 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 2017-18 Interim & Medium-Term Outlook 21 24

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