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Ontario lagging behind neighbours on key economic measures
Between 2000 and 2019, New York's average per-person GDP growth more than doubled Ontario's growth rate. ...
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Ford fiscal strategy resembles McGuinty/Wynne plans—with predictable results
By fiscal year 2023/24, Ontario's provincial net debt will eclipse $503 billion. ...
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Ford government must dramatically change course to fulfill many promises
High spending levels increase government debt, which raises the spectre of future higher taxes and creates uncertainty for potential investors. ...
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Ford’s deficit-reduction plan reminiscent of Rae, McGuinty, Wynne years
Appeared in the Toronto Sun, November 5, 2020 On Thursday, the Ford government tabled its budget for the 2020/21 fiscal year, revealing plans to run some of the largest deficits in Ontario history—not just this year, but in years to come. For fiscal year ...
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Ford government must prepare for post-COVID spending cuts
Appeared in the Ottawa Sun, May 5, 2020 Recently, RBC Economics published new estimates of this year’s deficits and debt accumulation for all 10 Canadian provinces. The news was predictably grim. According to forecasts, all provinces will run large ...
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Ontarians shoulder provincial government debt—and big chunk of federal debt
Appeared in the Ottawa Sun, January 23, 2020 It’s widely known that the Ford government is fighting a big budget deficit and mounting debt. But it’s not just provincial government decisions that affect how much new government debt falls on Ontarians. The ...
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Ford government’s upcoming second budget should include real fiscal reform
Appeared in the Toronto Sun, January 15, 2020 It’s no secret that Ontario faces a large debt problem. At $24,000 per Ontarian and climbing, Ontario’s in a deep hole. That, combined with the absence of plan to meaningfully reduce the province’s debt burden ...
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Ford government must get serious about reducing government debt
Appeared in the Toronto Sun, January 8, 2020 Throughout the 2010s, then-premier Kathleen Wynne’s government repeatedly said the goal was to return the province’s fiscal position back to where it was before the 2008/09 recession. Specifically, that meant a ...
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Controlling government wages crucial to Ford’s deficit-reduction plan
Appeared in the Ottawa Sun, December 11, 2019 It’s no secret that Ontario faces challenges with its annual operating budget deficit and growing government debt. Last year, the deficit clocked in at $7.4 billion. Another deficit is forecasted for 2019/20, ...
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More money from Ottawa the wrong solution to Ontario’s fiscal challenges
Appeared in the Ottawa Sun, December 4, 2019 Ontario premier Doug Ford used a recent meeting of premiers to encourage his counterparts to join him in pressing the Trudeau government for an increase in cash transfers to help the provinces cope with rising ...