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Ontario’s decade of spending decadence
Appeared in the Windsor Star The Ontario government has never made a secret of its desire to have the federal government help fund Ontario’s provincial budget. It even started its own think-tank with $5 million in 2009, which regularly publishes reports ...
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Alberta’s missed Heritage Fund opportunity
Appeared in the Calgary Herald Over the past decade, the province of Alberta treated boom-time resource revenues like a permanent state of affairs. That set the province up for fiscal failure, for multiple lost opportunities. One high-profile example is ...
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Fumbling the Alberta Advantage: How Alberta Squandered a Decade of High Energy Prices
It is well-known that Alberta’s provincial budget is highly dependent on resource revenues. Over the last decade, as a proportion of total revenues, resource revenues have accounted for as much as 40% (2005/06) and as low as 19% (2009/10). In the most ...
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Balancing the Ontario budget by 2017-18 just a pipe dream
Appeared in Waterloo Region Record, Stratford Beacon Herald, Woodstock Sentinel Review, and Winnipeg Free Press Ontario’s provincial government wants a balanced budget for the 2017-18 fiscal year, and Finance Minister Charles Sousa is adamant that Ontario ...
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Ontario debt gouges tomorrow’s taxpayers for today’s spending
Appeared in the National Post Many Ontarians have likely heard a horror story or two about their government’s growing debt and the resulting strain on public finances. You can’t blame them. Sources of evidence abound. Consider the sobering comparisons ...
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Spending Beyond Our Means; Sticking it to the Next Generation
Appeared in the National Post Over the course of the past several months, outgoing Bank of Canada Governor Mark Carney and Federal Finance Minister Jim Flaherty have repeatedly warned that Canadians are spending beyond their means and taking on too much ...