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1. Ontario’s economy—slow growth and weak business investment

   Real per-person economic growth was 9.1 per cent in Ontario compared to 26.1 per cent in the rest of Canada. ...

2. Reliance on housing investment creates prosperity mirage in Ontario

   The provincial net debt-to-GDP ratio went from about 5 per cent in the 1960s to more than 40 per cent in 2020. ...

3. 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 ...

4. Wynne government places big bet on revenue growth

   Appeared in the Ottawa Sun, August 23, 2017 This year, Ontario’s operating budget is balanced for the first time in a decade. Of course, Ontario remains heavily indebted and is adding billions of dollars in new debt every year from capital spending that ...

5. Hold the Celebration: A Balanced Budget Won't End Ontario's Fiscal Challenges

   Ontario’s public finances have deteriorated markedly in recent years. Net debt (gross debt minus financial assets) has approximately doubled since 2007; it is estimated that it will reach $318 billion this year (2016/17). After nine consecutive ...

6. 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 ...

7. Debt overload: A double whammy of provincial and federal debt will burden Ontarians

   Appeared in the Toronto Sun, February 8, 2017 The Wynne government is finally promising to balance Ontario’s operating budget next year after nine consecutive deficits. If anybody thinks that means an end to growing government debt in the province of ...

8. 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 ...

9. Ontario should go for growth in 2017

   Appeared in the Toronto Sun, January 4, 2017 A new year has arrived, and many Ontarians are resolving to make changes. Whether it’s shedding a few pounds, socking away money, or spending more time with loved ones, people are setting goals to improve their ...

10. Premier Wynne’s fiscal record in Ontario earns poor marks

    Appeared in the Toronto Sun, February 18, 2016 The Fraser Institute recently published its annual ranking of Canada’s premiers, measuring how well premiers managed provincial government finances while in power. Premiers who managed spending prudently, ...