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1. At least 1.8 million Ontarians will pay more in income taxes

   Ontario’s recent budget is jammed packed with new policies ahead of the upcoming provincial election. But what’s missing is any sign that the government wants to improve its uncompetitive personal income tax (PIT) system. In fact, the ...

2. Ontario budget ignores past promises, offers no plan to enhance economic competitiveness

   Predictably, many of the headlines on Ontario’s 2018 budget, released today, focus on Premier Kathleen Wynne’s so-called “free” child care plan and other big-spending items. It is, after all, a big-spending budget. But crucially, the ...

3. Ontario’s throne speech ignores growth and competitiveness

   On Monday, Premier Wynne’s government delivered its throne speech to layout its vision for the rest of its mandate and the future. Much will be said and written about what the speech discussed at length (various new government ...

4. Debt and decline—Ontario’s challenges in three snapshots

   Ontario’s upcoming provincial budget will likely include a significant increase in government spending with an eye on the spring election. Liberal Finance Minister Charles Sousa has already indicated that the pre-election budget will now ...

5. Ontario’s fiscal paradox—a balanced budget and mounting debt

   Ontario has wrapped up its 2018 pre-budget public consultations as it prepares to deliver its next provincial budget. Ontario Finance Minister Charles Sousa confirmed in the fall fiscal statement that Ontario’s 2018 budget will be ...

6. Ontario budget—more spending, more debt

   This afternoon, Ontario’s Finance Minister Charles Sousa delivered the provincial government budget for fiscal year 2017/18. Headlines will likely focus on the government’s first balanced operating budget in a decade. A deeper look at ...

7. Despite likely balanced budget, Ontario’s deficit dragon not dead yet

   Finance Minister Charles Sousa will deliver Ontario’s spring budget on April 27 and the expectation is that Ontario will deliver a balanced budget for the first time since the onset of the Great Recession. Ontario has now run nine ...

8. Reality check—Ontario’s budget is unrealistic

   The Ontario government has again promised a balanced budget by 2017-18 in its latest aspirational fiscal document but achieving its goal is based on a fervent hope that the economy will recover and revenues will grow faster than ...

9. Ontario Budget: dark cloud of government debt continues to hang over the province

   Today, the Wynne government tabled a budget with a bit of good news for Ontarians. Specifically, we learned that the operating deficit in 2015/16 will be somewhat smaller (at $5.7 billion) than was previously expected ($7.5 billion)—due ...

10. Increased interest rates could sink Ontario's budget plan, increase costs to taxpayers

    With Ontario tabling its 2016 budget on Thursday, it’s important to keep in mind there are risks to the provincial government’s promise of balancing its budget by 2017/18. One risk that does not receive much attention, but could ...