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Successive Ontario governments increased net debt from $139 billion to $338 billion
The Ford government today released its fall economic and fiscal update, which includes taxation and spending changes, with Finance Minister Vic Fedeli noting that the "fiscal hole is deep.” However, perhaps the most telling ...
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Provincial finances in trouble—spotlight Central Canada
The Parliamentary Budget Office (PBO) recently published its annual fiscal sustainability report, which provides long-term projections to assess the sustainability of public finances for the federal government and the provinces. In this ...
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Ontario has a $15 billion deficit—not the $6.7 billion claimed by the previous government
The Ontario government’s review of provincial finances is finally out, and the picture is even grimmer than what the auditor general and the Financial Accountability Office have presented. The key findings confirm that Ontario since 1990 ...
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Ontario’s new government should genuinely reform province’s electricity system
Ontarians opted for change in last week’s provincial election, choosing the Progressive Conservative Party of Ontario to form government. Now it’s time for the new government to do what it was elected to do—show leadership on electricity ...
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A lagging housing supply drives Ontario’s affordability woes
The Wynne government almost exclusively targeted housing demand—not supply. ...
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Ontario’s election—the real economic issues
Ontario’s June 7 election may be a watershed moment as the new government will deal with an economy that, despite the recent improvement, still faces major challenges with employment and investment, given a housing boom is not a ...