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  1. Ford government presiding over massive growth of debt and debt interest costs

    Ontario's projected net government debt will eclipse $585 billion by 2029-30. ...

  2. Ford government must plot path to budget balance

    Appeared in National Newswatch, February 18, 2021 The Ford government released Ontario’s 2020/21 third quarter fiscal update last week. As expected, the numbers were ugly. The Department of Finance now anticipates a $38.5 billion budget deficit for this ...

  3. Say goodbye to Ontario’s ‘lost decade’ of debt and economic pain

    Appeared in the Ottawa Sun, December 18, 2019 The 2010s are drawing to a close. Unfortunately, it was a disastrous decade for the Ontario government’s financial health. It’s worth looking back at the damage to help us understand the importance of not ...

  4. Ford government remains Wynne-like with the deficit

    Appeared in the Toronto Sun, September 12, 2019 Last week, a special “Blue Ribbon” panel on Alberta’s finances published its final report, which includes a plan to balance Alberta’s budget and stop the province’s rapid debt accumulation. Among other ...

  5. Ford’s former finance minister proffers sound advice for his successor

    Appeared in the Ottawa Sun, June 26, 2019 Last week, Premier Doug Ford announced a major cabinet shuffle in Ontario. Among the most important moves was the removal of Vic Fedeli (pictured above) as finance minister, to be replaced by Rod Phillips. ...

  6. Globe and Mail understates Ontario’s fiscal challenge

    Appeared in the Ottawa Sun, June 5, 2019 Last week, the Globe and Mail published an editorial discussing Ontario’s fiscal challenges, which badly misses the mark. The editorial argues that the Ford government need not concern itself with its stated ...

  7. Ford government's slow and steady fiscal approach fraught with risk

    Appeared in the Ottawa Sun, May 8, 2019 The Ford government has a five-year plan to balance the province’s budget by 2023/24. The government’s strategy is to continue increasing nominal spending—but at a slower rate than government revenue is forecasted ...

  8. Ontario surpasses Quebec in 'debt' race to the bottom

    Appeared in the Ottawa Sun, March 27, 2019 Ten years ago, in 2008, Quebec was the most indebted province in Canada while Ontario was in the middle of the pack. Back then, Quebec’s provincial government per-person debt load was approximately $4,100 more ...

  9. Ford government must get serious about Ontario's government debt

    Appeared in the Ottawa Sun, January 9, 2019 It’s now widely known that Ontario faces substantial fiscal challenges. With a forecasted budget deficit this year of more than $14 billion and a debt-to-GDP ratio hovering near an all-time high, Ontario’s debt ...

  10. A visit from the ghost of Ontario’s fiscal future

    Appeared in the Ottawa Sun, December 19, 2019 In Charles Dickens’ “A Christmas Carol,” Scrooge is memorably visited by the “ghost of Christmas future” who shows him a disturbing glimpse of things to come. Last week Ontario was visited by a ghost of the ...