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  1. Government debt interest costs will crowd out essential spending in Ontario

    Ontario's debt interest costs will rise by 21 per cent. ...

  2. Ford government pursuing McGuinty-style deficit-reduction strategy

    According to government forecasts, Ontario’s debt will climb to $502 billion in 2023/24. ...

  3. 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 ...

  4. Ford government continues to mirror fiscal approach of its predecessors

    Over three years, nominal program spending will increase by a cumulative total of 8.5 per cent. ...

  5. Ontario’s latest budget will keep debt interest costs rising

    According to the budget, debt interest payments will total $13.1 billion in 2021/22. ...

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

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

  7. 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. ...

  8. Debt interest payments fastest-growing component of Ontario budget

    The government has run budget deficits every year since 2008/09. ...

  9. Ontario’s combined government debt exceeds 100% of GDP

    By 2020/21, the provincial net debt equaled $27,010 per Ontarian. ...

  10. Ontario’s new finance minister must recognize the importance of budget balance

    Appeared in National Newswatch, January 14, 2021 With the resignation of Rod Phillips, Ontario’s incoming finance minister Peter Bethlenfalvy inherits a difficult job. The province’s fiscal challenges long pre-date the global pandemic. Queen’s Park has ...