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1. Ontario’s ‘mini-budget’ makes little progress on deficit

   Today, Finance Minister Vic Fedeli tabled Ontario’s Fall Economic Statement. Given Ontario’s difficult fiscal situation (a large budget deficit and mountain of public debt), and signals that the update would be a “mini-budget’ with ...

2. Successive Ontario governments increased net debt from $139 billion to $338 billion

   The Ford government today released its fall economic and fiscal update, which includes taxation and spending changes, with Finance Minister Vic Fedeli noting that the "fiscal hole is deep.” However, perhaps the most telling ...

3. Ontario has a $15 billion deficit—not the $6.7 billion claimed by the previous government

   The Ontario government’s review of provincial finances is finally out, and the picture is even grimmer than what the auditor general and the Financial Accountability Office have presented. The key findings confirm that Ontario since 1990 ...