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  1. Government debt—a snapshot of each province

    The 2018 edition of the Federal Fiscal Tables is out, so it’s a good time to review the state of provincial government debt in Canada, especially given that we are about 10 years out from the financial crisis and Great Recession. Even ...

  2. Ontario has a $15 billion deficit—not the $6.7 billion claimed by the previous government

    The Ontario government’s review of provincial finances is finally out, and the picture is even grimmer than what the auditor general and the Financial Accountability Office have presented. The key findings confirm that Ontario since 1990 ...

  3. 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 ...

  4. 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 ...

  5. Balance Ontario’s budget now—not later

    Appeared in the Toronto Sun, August 8, 2018 When Ontario’s Liberal government tabled its 2018/19 budget, which featured a substantial budget deficit, senior officials made it clear that going back into the red was a choice—not a necessity dictated by ...

  6. Ford should get serious about Ontario's deficit

    Appeared in the Ottawa Sun, July 11, 2018 Ontario’s long string of operating deficits, and resulting run-up in government debt (projected to hit $325 billion this year) raises a $325 billion question: How will Premier Doug Ford’s new government tackle the ...

  7. What can Doug Ford learn from Jean Chretien?

    Appeared in the Ottawa Sun, July 5, 2018 Recently, the credit rating agency Fitch lowered Ontario’s credit rating outlook. Specifically, while maintaining the provincial government’s “AA” rating, our outlook was changed from “stable” to “negative,” ...

  8. Will Ontario’s new government deal with our debt problem?

    Appeared in the Ottawa Sun, June 6, 2018 Last week, Premier Kathleen Wynne conceded that the Liberal Party’s 15-year run as the government of Ontario will end after this week’s election. So we will soon have a new government, with either Ontario PC Leader ...

  9. All major parties promise bigger government in Ontario

    Appeared in the Ottawa Sun, May 23, 2018 As election day draws near, the one point everyone in Ontario seems to agree on is that voters will face a “stark choice” on June 7. Premier Kathleen Wynne has repeatedly referenced the “stark choice” between ...

  10. Ontario’s net debt may hit $500 billion by 2026-27

    The size of Ontario’s provincial deficit has become a matter of some debate. The Wynne government’s 2018 budget projected a deficit of $6.7 billion. But according to a recent report from the auditor general, Ontario’s deficit may be even ...