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Ontario budget—more spending, more debt
This afternoon, Ontario’s Finance Minister Charles Sousa delivered the provincial government budget for fiscal year 2017/18. Headlines will likely focus on the government’s first balanced operating budget in a decade. A deeper look at ...
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Despite likely balanced budget, Ontario’s deficit dragon not dead yet
Finance Minister Charles Sousa will deliver Ontario’s spring budget on April 27 and the expectation is that Ontario will deliver a balanced budget for the first time since the onset of the Great Recession. Ontario has now run nine ...
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What to look for in Ontario’s fiscal update this week
On Thursday, Finance Minister Charles Sousa will provide an update for Ontarians on the state of provincial government finances. ...
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Ontario’s fiscal update: will the government present a more realistic plan?
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. ...
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Ontario’s fiscal update stays committed to complacency
Appeared in the Waterloo Region Record There was an aura of complacency in Queen’s Park as the Ontario government released its update on the state of provincial finances. The government remains committed to its relatively passive approach of dealing with ...