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  1. 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 ...

  2. Actually, including capital spending, Ontario’s deficit is more than $32 billion

    Ontario’s 2018 provincial budget saw total operating expense reach $158.5 billion with total revenues at $152.5 billion, for a deficit of just over $6 billion. But there has been some debate over government accounting methods and the ...

  3. 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 ...

  4. 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 ...

  5. Debt-laden budgets now an Ontario rite of spring

    Appeared in the Ottawa Sun, March 28, 2018 According to an old poem, in the “spring a young man’s fancy lightly turns to thoughts of love.” In Ontario, it should also turn towards thoughts of debt, since today’s budget will add liabilities the young man ...

  6. Debt and decline—Ontario’s challenges in three snapshots

    Ontario’s upcoming provincial budget will likely include a significant increase in government spending with an eye on the spring election. Liberal Finance Minister Charles Sousa has already indicated that the pre-election budget will now ...

  7. Government’s free-spending approach puts Ontario’s finances at risk

    Appeared in the Toronto Sun, February 7, 2018 Over the past week, stock markets around the world have taken a beating. It remains to be seen whether these losses are just a bump in the road or the start of a bear market. Regardless, the dramatic market ...

  8. Repeating Past Mistakes? Spending Restraint Critical for Ontario’s Fiscal Health

    In 2016/17, Ontario’s net debt reached $302 billion, or approximately $21, 500 per Ontarian. The province’s debt-to-GDP level stands at 38 percent, just below its all-time historic high. Ontario’s net debt has increased dramatically since 2003/04, ...

  9. Ontario’s finances—remembering the big picture

    Appeared in the Ottawa Sun, October 25, 2017 Last week, Ontario’s auditor general issued a scathing report about the Wynne government’s Fair Hydro Plan, which sought to lower electricity costs for consumers by pushing costs (and resulting interest ...

  10. Ontario—from fiscal leader to fiscal laggard

    Appeared in the Ottawa Sun, Sep 13, 2017 While Ontario’s current struggles with a large and growing government debt burden are widely known, it wasn’t always this way. Just a decade and a half ago, Ontario had relatively sound public finances compared to ...