ontario's fiscal update

4:23PM
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Ford government’s budget update overly optimistic and likely ineffective

Ontario announced no measures to tackle the underlying problems in the province’s electricity market that cause higher prices.


8:58AM
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Ontario’s $15 billion deficit underscores need for swift bold action - Queen's Park

A nominal spending freeze could free up approximately $20 billion.


10:00AM
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When the federal government faced a growing debt problem in the late 1980s, then Opposition finance critic Paul Martin was initially skeptical about cutting spending.