kathleen wynne

3:00AM
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Ontario electricity prices are rising much faster than inflation and worse than the national electricity costs trend.


3:00AM
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This year, Ontario is projected to run its eighth consecutive budget deficit, which will be approximately $7.5 billion.


3:00AM
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Ontario Premier Kathleen Wynne has reiterated her government’s commitment to push ahead with a provincial pension plan.


3:00AM
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Thirty-eight per cent of Ontario business owners expect to see their bottom lines shrink due to rising electricity prices.


12:46PM
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Generation costs in Ontario have increased by 74 per cent in the last decade, and may grow to $13.8 billion by 2022.


10:17AM
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The Ontario government's strategy to eliminate the projected $8.5 billion deficit has largely hinged on hoping revenues will grow robustly and eventually catch up to spending increases. This is a risky strategy.


6:00AM
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Ontario’s net public debt is estimated at $287.3 billion and will hit nearly $320 billion by 2017. The evolution of this daunting number is an interesting story as the spring budget approaches.


6:00AM
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We’ve seen this script before. Higher spending. Tax increases. Persistent deficits. Growing debt. Warnings from credit rating agencies. A government unwilling to make the tough choices to turn things around.


6:00AM
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The other day former Ontario Premier Bob Rae, fumed at a column by economist Jack Mintz who noted the similarities between the current Kathleen Wynne government and Rae’s reign as premier of Ontario, specifically the “high deficits, debt and taxes.”


6:00AM
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Roughly 12 hours after Premier Kathleen Wynne was re-elected in Ontario with a majority government, bond markets and international credit rating agencies sent her a powerful message about the province’s dismal public finances.