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Shawn Jeffords

Household debt still on the rise in Ontario

TORONTO—Rising interest rates could have a “significant” impact on Ontario's economy as the already ballooning household debt is projected to continue to grow, the province's fiscal watchdog warns.

The Financial Accountability Office said in a report released Tuesday that an average Ontario household owed nearly $154,000 in 2016, up from $119,000 in 2010.

Federal NDP leader gets engaged

TORONTO—Federal New Democratic Party leader Jagmeet Singh pulled back the curtain on his closely-guarded private life, letting Canadians know Tuesday night that he is engaged.

Singh, 38, proposed to girlfriend Gurkiran Kaur, 27, at a private party Tuesday night just blocks away from the Ontario legislature in Toronto, where he served as a provincial legislator for six years.

Province to fund school construction

TORONTO—Ontario will spend $784 million this year to build or renovate 79 schools across the province, but opposition critics say it's not enough to address a growing multi-billion-dollar repair backlog.

Education minister Mitzie Hunter said the funding announced yesterday will support construction of 39 new schools, and additions and renovations to 40 additional facilities.