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1. Ford government faces pivotal choice in upcoming budget

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

2. Ford government faces critical decisions as budget day looms

   According to forecasts, Ontario's net government debt will approach $463 billion in 2022/23. ...

3. Ford government must plot path to budget balance

   Appeared in National Newswatch, February 18, 2021 The Ford government released Ontario’s 2020/21 third quarter fiscal update last week. As expected, the numbers were ugly. The Department of Finance now anticipates a $38.5 billion budget deficit for this ...

4. 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 ...

5. Ontario’s red ink—the Ford government should heed lessons from recent past

   The Ford government recently government tabled its budget for the 2020/21 year. Unsurprisingly, given the pandemic and recession, Ontario is on track to run a large operating budget deficit this year—an estimated $38.5 billion. The budget ...

6. 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 ...

7. 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 ...

8. Ontario faces major fiscal challenges beyond massive budget deficit

   This week, the Ford government will table its budget for the 2020/21 fiscal year. Much attention will (deservedly) focus on the provincial budget deficit, which this year will almost certainly be the largest one in decades. The last ...

9. Ford’s tax pledge will help Ontario’s economy recovery

   No matter how you measure it, Ontario’s budget deficit is on track to be the largest in provincial history. And while this year’s massive deficit is primarily due to forces outside the government’s control—mainly the COVID 19 recession ...

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 ...