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1. Wishful Thinking: An Analysis of Ontario’s Timeline for Shrinking Its Debt Burden

   Since 2007/08, Ontario’s level of public debt has approximately doubled. As a result, the provincial debt-to-GDP ratio has climbed to historically high levels in recent years. In its 2017 budget, Premier Wynne’s government presented a timeline for ...

2. Ontario’s mountain of debt continues to grow

   Last week, Premier Kathleen Wynne’s government published its budget for the 2017/18 fiscal year. As we warned in a recent study published before the budget was tabled, the Ontario government plans to add billions of dollars to the ...

3. 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 ...

4. 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 ...

5. Ontario taxpayers on the hook for billions in government debt interest

   Appeared in the Toronto Sun, January 25, 2017 Readers of this page are likely familiar with the growth of the Ontario’s government debt, which approximately doubled over the past decade and is expected to reach $318 billion this year. It’s important to ...

6. Ontario’s plan is hardly working

   Today, the Wynne government released its fall statement—essentially an update on the state of Ontario’s economy and finances. The document’s second paragraph contains a shockingly out-of-touch sentence. It reads: “Our plan is working.” ...

7. Rosy rhetoric can’t hide Ontario’s dreary fiscal outlook

   Today, Ontario Finance Minister Charles Sousa (pictured above) will deliver Ontario’s fall economic update. It will no doubt be an upbeat narrative on how Ontario is on the road to economic growth and that the province’s finances are on ...

8. 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 ...