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Wynne government reopens spending tap, exposes province to more risk
Appeared in the Financial Post, May 10, 2017 The Wynne government recently tabled Ontario’s first balanced operating budget in a decade. While it’s good to see the province finally bring its annual operating expenditures in line with revenues, there are ...
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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 does the federal budget mean for Ontario?
Appeared in the Toronto Sun, March 29, 2017 Last week, the Trudeau government released its 2017 budget. So what are the most important takeaways for Ontarians? Firstly, something we’re very familiar with in this province—growing government debt. The ...
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Dear Alberta, please don’t make the same mistakes we did in Ontario
Appeared in the Ottawa Sun, August 30, 2016 Alberta recently released its first quarter fiscal update, which showed that the province’s budget deficit this year will be even bigger than expected, weighing in at $10.9 billion. The grim headlines and eye ...
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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 ...
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Moody's report yet another warning sign for Ontario to act
Appeared in the Guelph Mercury A new report on provincial debts and deficits by Moody's, the international credit rating agency, is another piercing reminder of Ontario's serious fiscal challenges. Based on media accounts, the report warns that ...
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Ontario's financial woes a problem for all of Canada
Appeared in the Waterloo Region Record Lost in the current flurry of Ontarios election campaign is the one key issue facing the province, and indeed all of Canada: Ontarios laggard economic performance is dragging down the national economy. Due to the ...
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Bad news out of Ontario illustrates need for a better fiscal plan
Appeared in the Toronto Sun and Ottawa Sun The economic news coming out of Ontario in recent days has been far from positive. The province's economic and fiscal position is weak and new analysis released by the Ministry of Finance suggests its ...
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Wynne's chance to break from the past
Appeared in the Financial Post With the Ontario government expected to soon introduce a new budget and the province continuing to head towards its own fiscal cliff, Premier Kathleen Wynne has a chance to make a clean break from the fiscal mismanagement of ...
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State of Ontario's Indebtedness
The essays collected for this publication are designed to provide readers and particularly those in Ontario a better sense of where the province?s debt stands today, the expectations for the future, and warnings about the likely costs of inaction. Part of ...