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On spending and deficits—if nothing changes, nothing changes
Appeared in the Ottawa Sun, November 21, 2018 Last week, Finance Minister Vic Fedeli tabled Ontario’s Fall Economic Statement. This “mini-budget” was an opportunity for the Ford government to get serious about putting provincial finances on more ...
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Now in power, will the Ford government make the tough decisions on spending
Appeared in the Ottawa Sun, October 3, 2018 In 1965, conservative commentator William F. Buckley ran for mayor of New York City—with no intention of winning. Buckley ran to bring attention to issues he cared about. In fact, he was so averse to holding ...
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Dear Premier Ford, please look forward—not back
Appeared in Maclean's, September 26, 2018 This week, Ontario Premier Doug Ford created a committee to investigate the previous Liberal government’s handling of provincial finances including its accounting methods. Premier Ford compared Liberal ...
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Spending discipline key to Ontario's fiscal and economic success
Appeared in the Ottawa Sun, August 22, 2018 Premier Doug Ford’s PC government faces many fiscal and economic challenges including Ontario’s huge debt load and high tax rates in key areas. The interest payments on the debt impose costs on taxpayers while ...
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Restoring Ontario's Public Finances
Ontario’s public finances have deteriorated over the last few decades as chronic deficits have led to mounting public debt. Nevertheless, the situation can be repaired—and relatively more quickly than might be imagined. Restoring Ontario’s Public Finances ...
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Learning from the past—rapid deficit-reduction should be a Ford government priority
In the spring, former Ontario finance minister Charles Sousa and his incumbent Liberal government surprised many by announcing that Queen’s Park would run an operating deficit of $6.7 billion this year. This was a stunning reversal from ...
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How to start cleaning up Ontario's finances—fast
Appeared in the National Post, July 25, 2018 As Ontario’s new government takes charge, public attention has focused on the moves made on education and the management of Hydro One. However, the most important task remains outstanding—dealing with the ...
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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 ...
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Ontario now adding debt even faster than before
Appeared in the Ottawa Sun, April 4, 2018 Last week, Finance Minister Charles Sousa tabled Ontario’s budget for 2018/19. The fact that the free-spending budget creates an operating deficit of nearly $7 billion this year has been widely reported, but this ...
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The Wynne budget—more spending, more fiscal problems, more debt
Appeared in the Toronto Sun, March 29, 2018 Finance Minister Charles Sousa has tabled Ontario’s 2018 budget. And above all else, the pre-election document is characterized by a complete absence of fiscal discipline and dangerous willingness to saddle ...