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Ontario debt—kicking the can down the road
A new study released this today by the Fraser Institute examined the Wynne government’s plan to reduce Ontario’s debt burden to pre-recession levels (26-27 per cent) by 2029/30 from its current level of 37.5 per cent. The government’s ...
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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 ...
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Quebec now more creditworthy than Ontario
Appeared in the Ottawa Sun, June 22, 2017 Standard & Poor’s decision to boost Quebec’s credit rating last week has an important symbolic consequence for neighbouring Ontario. The move, which raised Quebec’s credit rating from A+ to AA-, means that for ...
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In Ontario, the cost of doing business is high
Jon Dwyer, the managing director of an Ontario-based bio-tech company, recently took to the CBC to express his concern that doing business in Ontario was becoming increasingly difficult. In his column, Dwyer states that rising energy ...