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  1. Ontario budget deficit likely larger than forecast

    We recently blogged on the Ontario government’s March 2020 Economic and Fiscal Update (hereafter simply referred to as the Fiscal Update), which we concluded was too optimistic in its economic and revenue assumptions, and included new ...

  2. Ford government’s budget update overly optimistic and likely ineffective

    Appeared in National Newswatch, April 2, 2020 With all the announcements last week by the federal government, and the drama surrounding the passage of the federal spending bill on Wednesday, last week’s Ontario financial and budget update went largely ...

  3. Ford government should exercise prudence in these volatile times

    Appeared in the Toronto Sun, March 19, 2020 As uncertainty swirls, the Ford government, which next week will release a fiscal update—instead of a planned complete 2020 budget—should remember that prudence is the best shield to protect government finances. ...

  4. Ford government’s upcoming second budget should include real fiscal reform

    Appeared in the Toronto Sun, January 15, 2020 It’s no secret that Ontario faces a large debt problem. At $24,000 per Ontarian and climbing, Ontario’s in a deep hole. That, combined with the absence of plan to meaningfully reduce the province’s debt burden ...

  5. Controlling government wages crucial to Ford’s deficit-reduction plan

    Appeared in the Ottawa Sun, December 11, 2019 It’s no secret that Ontario faces challenges with its annual operating budget deficit and growing government debt. Last year, the deficit clocked in at $7.4 billion. Another deficit is forecasted for 2019/20, ...

  6. Simply balancing Ontario’s budget won’t stop debt surge

    Ontario’s fall economic and fiscal statement delivered by this week Finance Minister Rod Phillips reveals a slower process towards budget balance. Revenue in 2019-20 will be $155.8 billion compared to $153.7 billion for the previous year, ...

  7. Premier Ford should look west for deficit-reduction strategy

    Appeared in the Ottawa Sun, October 30, 2019 Last week, Alberta Premier Jason Kenney’s government tabled its first budget, which was also likely Alberta’s most consequential budget in 25 years. Indeed, with its first budget, the Kenney government promised ...

  8. Fiscal headwinds heighten need for spending reductions in Ontario

    Appeared in the Ottawa Sun, June 19, 2019 Nobody said governing was easy. On fiscal policy, the Ford government has learned this lesson the hard way, as it inherited a daunting budget deficit and faces headwinds that will make eliminating that deficit ...

  9. Ontario’s Deficit Reduction Strategy Mirrors Previous, Unsuccessful Attempts

    This study analyzes the first budget of the new Progressive Conservative government in Ontario, tabled in early April 2019, to assess the extent to which it reflects either a fundamental shift in fiscal policy from the policies of the Ford government’s ...

  10. Ford's first budget must fulfill campaign promises

    Appeared in the Toronto Sun, April 10, 2019 Clearly, Ontario’s finances are in bad shape. With a government debt load of more than $23,000 per resident and a 10-figure annual budget deficit, the Ford government has inherited serious challenges. There’s ...