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Ontario consistently fails to reduce government debt after recessions

The province’s nominal debt will rise from $440 billion in 2021/22 to $504 billion in 2023/24. ...

Ontario lagging behind neighbours on key economic measures

Between 2000 and 2019, New York's average per-person GDP growth more than doubled Ontario's growth rate. ...

Ford Government Fiscal Policy Approach Mirrors that of McGuinty and Wynne

This bulletin analyzes the recent 2021 budget that Doug Ford’s Progressive Conservative government tabled in order to assess the extent to which it continues or changes the general fiscal policy approach of the Liberal governments of Premiers ...

Ford government continues to mirror fiscal approach of its predecessors

Over three years, nominal program spending will increase by a cumulative total of 8.5 per cent. ...

Ontario’s latest budget will keep debt interest costs rising

According to the budget, debt interest payments will total $13.1 billion in 2021/22. ...

Lessons for the Ford Government from the 1995 Federal Budget

Chronic deficits since the 2008/09 recession have weakened Ontario’s public finances. The province’s debt-to-GDP ratio—a key measure of fiscal sustainability—increased from 27.8 percent to an estimated 47.0 percent of GDP by the end of 2020/21. ...