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  1. Ontario’s economy—slow growth and weak business investment

    Real per-person economic growth was 9.1 per cent in Ontario compared to 26.1 per cent in the rest of Canada. ...

  2. Ontario consistently fails to reduce government debt after recessions

    The province’s nominal debt will rise from $440 billion in 2021/22 to $504 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 budget could represent turning point in Ontario fiscal history

    Within two fiscal years of Chretien's 1995 budget, federal finances had moved from large deficits to surpluses. ...

  5. Ford government faces pivotal choice in upcoming budget

    Ontario's debt interest costs are expected to increase to $13.9 billion in 2022/23. ...

  6. Ontario’s finances—back to the ’90s?

    During the early 1990s, the federal government and many provinces faced severe fiscal challenges so daunting that many described the situation as a crisis. As governments across the country run historically large deficits in response to ...

  7. Ontario braces for largest budget deficits in provincial history

    Before the Ford government tabled Ontario’s 2020/21 budget on Thursday, analysts and budget watchers knew it would likely include the largest deficit in the province’s history. These expectations were met, as the government again ...

  8. Ford’s deficit-reduction plan reminiscent of Rae, McGuinty, Wynne years

    Appeared in the Toronto Sun, November 5, 2020 On Thursday, the Ford government tabled its budget for the 2020/21 fiscal year, revealing plans to run some of the largest deficits in Ontario history—not just this year, but in years to come. For fiscal year ...

  9. Premier Ford’s choice is clear—more government debt or real reform

    Appeared in the Ottawa Sun, August 15, 2020 On Wednesday, Ontario Finance Minister Rod Phillips released the province’s first quarter finances for the 2020/2021 fiscal year. The update is sobering to anybody concerned about Ontario’s well-being. The ...

  10. Ontario budget deficit will reach historic levels

    The Ford government on Wednesday released Ontario’s first quarter finances. The headline statistic was the updated estimate of Ontario’s operating budget deficit this year, now pegged at $38.5 billion, up from approximately $20 billion ...