Search

Search results

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. 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 ...

4. 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 ...

5. Ontario debt—kicking the can down the road

   A new study released this today by the Fraser Institute examined the Wynne government’s plan to reduce Ontario’s debt burden to pre-recession levels (26-27 per cent) by 2029/30 from its current level of 37.5 per cent. The government’s ...

6. Ontario’s debt plan—weak and risky

   Ontario’s finances remain in deep trouble, despite last month’s announcement of a balanced operating budget for 2017/18. The province still has $312 billion in net debt, and expects to pile on more than $11 billion in new debt annually ...

7. 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 ...

8. 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 ...

9. Lower taxes instead of business subsidies in Ontario? Let’s drink to that

   This morning, the Ontario government announced a $4.9 million program to subsidize the growth of small cideries and distilleries in the province. Finance Minister Charles Sousa noted that the subsidies would support a thriving small ...

10. Ontario’s plan is hardly working

    Today, the Wynne government released its fall statement—essentially an update on the state of Ontario’s economy and finances. The document’s second paragraph contains a shockingly out-of-touch sentence. It reads: “Our plan is working.” ...