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  1. Despite likely balanced budget, Ontario’s deficit dragon not dead yet

    Finance Minister Charles Sousa will deliver Ontario’s spring budget on April 27 and the expectation is that Ontario will deliver a balanced budget for the first time since the onset of the Great Recession. Ontario has now run nine ...

  2. Another broken promise—federal government ditches latest fiscal pledge

    By 2019/20, Canada’s debt-to-GDP ratio is forecasted to be 31.5 per cent. ...

  3. What does the federal budget mean for Ontario?

    Appeared in the Toronto Sun, March 29, 2017 Last week, the Trudeau government released its 2017 budget. So what are the most important takeaways for Ontarians? Firstly, something we’re very familiar with in this province—growing government debt. The ...

  4. Budget 2017 spells end of the Chrétien Consensus?

    Under the Trudeau government, deficits continue with no end in sight, debt is growing and taxes have increased. ...

  5. Saskatchewan has a plan to balance its budget, Alberta doesn’t

    Appeared in the Calgary Sun, March 27, 2017 Alberta and Saskatchewan are energy-rich jurisdictions that fell on hard times as commodity prices fell. And both jurisdictions face significant fiscal challenges, with large budget deficits and substantial debt ...

  6. Federal Budget 2017—Ottawa should learn from Canada's last road to debt

    The November 2016 federal economic update projected persistent deficits from 2015-16 to 2021-22. Shortly after, the Department of Finance released projections, which saw federal deficits persisting until the middle of the 21st century. ...

  7. Two federal budgets, one problem—spending

    It’s federal budget season in Canada and the United States, with a common feature—fiscal planning driven by aspirations. Both federal governments plan major expenditure increases designed to promote objectives that, in the end, will ...

  8. Spending growth by successive Alberta governments primary reason for big deficit

    Albertans are well aware that their provincial government is set to run a budget deficit this year that may exceed $10 billion. Many may assume this is simply due to a decline in government revenue, driven by lower resource prices. But ...

  9. Ontario taxpayers on the hook for billions in government debt interest

    Appeared in the Toronto Sun, January 25, 2017 Readers of this page are likely familiar with the growth of the Ontario’s government debt, which approximately doubled over the past decade and is expected to reach $318 billion this year. It’s important to ...

  10. Why federal deficits to 2055 really matter

    The federal finance December 2016 update of long-term economic and fiscal projections recently made news across the country. The projections simulate what the federal government’s long-term finances may look like under certain ...