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  1. 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 ...

  2. 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. ...

  3. Ontario’s Deficit Reduction Strategy Mirrors Previous, Unsuccessful Attempts

    This study analyzes the first budget of the new Progressive Conservative government in Ontario, tabled in early April 2019, to assess the extent to which it reflects either a fundamental shift in fiscal policy from the policies of the Ford government’s ...

  4. A Turning Point or More of the Same? Ontario's Fiscal Choices in Budget 2019

    As the Ford government approaches its first full budget, it must decide how to confront the $13.6 billion deficit it faces, as well as the stock of public debt forecasted to reach $346 billion this year. There is nothing new about Ontario’s difficult ...

  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. Fraser Forum- Spring 2012: Avoiding a Crisis: Fixing Onario's Deficit

    In this issue: A credible 2-year plan to balance the budget by Charles Lammam and Niels Veldhuis The Ontario government predicts that it will be running a decit until 2017/18 but with the right spending cuts, it could have a balanced budget within 2 years ...

  7. State of Emergency: Ontario's Potential $4.5 Billion Deficit

    Ontario had two states of emergency in 2003 and a third has now arrived. First, SARS arrived and led to an official declaration of emergency between March 26 and May 17. https://www.fraserinstitute.org/sites/default/files/StateofEmergency.pdf ...