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  1. Ford fiscal strategy resembles McGuinty/Wynne plans—with predictable results

    By fiscal year 2023/24, Ontario's provincial net debt will eclipse $503 billion. ...

  2. Ford budget could represent turning point in Ontario fiscal history

    Within two fiscal years of Chretien's 1995 budget, federal finances had moved from large deficits to surpluses. ...

  3. 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. ...

  4. Ford government should address Ontario’s structural problems in upcoming budget

    Most of Ontario’s February employment gains were for part-time work. ...

  5. Ontario’s debt legacy makes balancing budget harder

    According to the 2020 budget, the government will spend an estimated $12.5 billion on debt interest. ...

  6. Dear Premier Ford, please look forward—not back

    Appeared in Maclean's, September 26, 2018 This week, Ontario Premier Doug Ford created a committee to investigate the previous Liberal government’s handling of provincial finances including its accounting methods. Premier Ford compared Liberal ...

  7. Ontario now adding debt even faster than before

    Appeared in the Ottawa Sun, April 4, 2018 Last week, Finance Minister Charles Sousa tabled Ontario’s budget for 2018/19. The fact that the free-spending budget creates an operating deficit of nearly $7 billion this year has been widely reported, but this ...

  8. The Wynne budget—more spending, more fiscal problems, more debt

    Appeared in the Toronto Sun, March 29, 2018 Finance Minister Charles Sousa has tabled Ontario’s 2018 budget. And above all else, the pre-election document is characterized by a complete absence of fiscal discipline and dangerous willingness to saddle ...

  9. Ontario’s upcoming budget must take the long view

    Appeared in the Toronto Sun, January 26, 2018 Ontario’s Finance Minister Charles Sousa recently indicated that this year’s budget could be tabled early due to the upcoming election. He suggested a condensed budget timeline may be helpful to give Ontarians ...

  10. Wynne government reopens spending tap, exposes province to more risk

    Appeared in the Financial Post, May 10, 2017 The Wynne government recently tabled Ontario’s first balanced operating budget in a decade. While it’s good to see the province finally bring its annual operating expenditures in line with revenues, there are ...