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  1. Most of Ontario’s new debt due to day-to-day spending

    Appeared in the Ottawa Sun, April 18, 2018 Ontario’s provincial government is piling up debt at a historic pace. Between 2007/08 and 2018/19, Ontario’s debt has grown from $157 billion to $325 billion. The government defends this record by suggesting the ...

  2. Ontario—from fiscal leader to fiscal laggard

    Appeared in the Ottawa Sun, Sep 13, 2017 While Ontario’s current struggles with a large and growing government debt burden are widely known, it wasn’t always this way. Just a decade and a half ago, Ontario had relatively sound public finances compared to ...

  3. Canada’s Past Fiscal Leaders Are Now Fiscal Laggards: An Analysis of 2017 Provincial Budgets

    Around the turn of the 21st century, Alberta and Ontario could both boast of having comparatively sound public finances relative to most other provinces. In recent years, however, serious fiscal problems have emerged in both provinces. Alberta and Ontario ...

  4. Why is Ontario’s debt burden shrinking so slowly?

    Appeared in the Globe and Mail, August 14, 2017 Premier Wynne’s government has repeatedly stated the importance of bringing down the province’s debt-to-GDP ratio, which shot up during and after the 2008/09 recession. Specifically, it wants to bring this ...

  5. Wynne government could take a few pointers from Liberal brethren in Quebec

    Appeared in the Toronto Sun, August 13, 2017 Ontarians usually don’t follow closely the economic developments of their eastern neighbour but they certainly should. In fact, Premier Kathleen Wynne’s government could take a few pointers from their Liberal ...

  6. Wishful Thinking: An Analysis of Ontario’s Timeline for Shrinking Its Debt Burden

    Since 2007/08, Ontario’s level of public debt has approximately doubled. As a result, the provincial debt-to-GDP ratio has climbed to historically high levels in recent years. In its 2017 budget, Premier Wynne’s government presented a timeline for ...

  7. Growth in government debt in Ontario hasn’t stopped—in fact, it hasn’t even slowed

    Appeared in the Ottawa Sun, May 3, 2017 Last week, Ontario Finance Minister Charles Sousa announced that after nine straight deficits, the government’s operating budget would finally be balanced for the coming fiscal year. Some people might assume that ...

  8. Reality check—Ontario’s finances remain dire despite a balanced budget

    Appeared in the Toronto Sun, April 26, 2017 The Ontario government last balanced its budget 10 years ago. Tomorrow, approximately $160 billion in new debt later, Finance Minister Charles Sousa is expected to finally table a balanced operating budget for ...

  9. Hold the celebration—Ontario’s fiscal problems are far from solved

    Appeared in the Toronto Sun, April 9, 2017 When Finance Minister Charles Sousa rises to deliver this year’s Ontario provincial budget, he’ll likely declare mission accomplished on slaying Ontario’s deficit. Indeed, after nine consecutive deficits and ...

  10. Ontario could take a budgeting lesson from… Quebec?

    Appeared in the Toronto Sun, April 5, 2017 Times they are a changing. Historically, Quebec has been the poster child for bad fiscal management in Canada. At times the province has embraced high taxes, persistent deficits and growing government debt. But ...