The 2018 annual debt and financial obligation limits (also known as the annual repayment limits or ARLs) have been calculated based on data contained in the 2016 Financial Information Returns (FIRs), as submitted by each municipality to the Ministry of Municipal Affairs. The 2016 FIRs are the most recent returns available to the Ministry at the time of calculation. The ARLs posted on this site do not include the updated limit calculated by the municipal treasurer to reflect any debt or financial obligation authorized by the municipal council made after the submission to the Ministry of the municipality’s FIRs. For further information, the rules regarding ARLs are found in Ontario Regulation 403/02.
PLEASE NOTE: An ARL for the City of Toronto is not available.
Legislation for the City of Toronto does not provide a limit for the City’s annual debt and financial obligations. The City has put in place its own debt and financial obligations limit.
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2018 ARLs Posted: 0 of the 444 Municipalities in Ontario.