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1. Ontario racking up debt faster than any other province; soon to surpass Quebec as most indebted

   Appeared in the Ottawa Sun, March 14, 2016 Ontario’s provincial finances are in bad shape. The government’s recent budget confirmed that the province will run its ninth consecutive multi-billion dollar budget deficit in 2016/17, with debt set to surpass ...

2. Debt Accumulation in Ontario Compared to Other Provinces

   A recent Fraser Institute study showed that Ontario’s provincial government has accumulated debt rapidly in recent years. In fact, Ontario has acquired more than half of its nearly $300 billion net debt (a measure that adjusts for financial assets) since ...

3. Moving targets, routine deficits, and Canada’s short-lived federal ‘fiscal anchor’

   Appeared in the Financial Post, February 25, 2016 During last fall’s federal election, the Liberals campaigned on a commitment to run budget deficits for its first three years, while promising that the size of those deficits would be capped at $10 billion ...

4. Newfoundland & Labrador’s massive debt and deficits demand bold action

   Appeared in National Newswatch, February 15, 2016 On the easternmost part of the country, a fiscal storm is brewing. Newfoundland & Labrador’s provincial finances are in a dire state. The government’s latest projections have the province facing a ...

5. Dalton McGuinty’s autobiography displays astonishing faith in the public sector

   Former Ontario Premier Dalton McGuinty (pictured above) recently released his autobiography, Making a Difference. Despite its brevity, barely reaching 200 pages, the book provides valuable insights into how his government assessed the ...

6. Interest payments on government debt: Ontario’s fastest growing expense

   Appeared in the Toronto Sun, February 3, 2016 It’s no secret that Ontario’s provincial government finances are a mess. The province will run its eighth consecutive budget deficit in 2015/16. This time, the shortfall is projected at $7.5 billion. Largely ...

7. Growing government debt could endanger future prosperity in Canada

   Appeared in the Winnipeg Free Press January 16, 2016 In the coming months, the federal and provincial governments will release their annual budgets, unveiling their future tax and spending plans. Hopefully they use this opportunity to address a recent ...

8. What to look for in Ontario’s fiscal update this week

   On Thursday, Finance Minister Charles Sousa will provide an update for Ontarians on the state of provincial government finances. ...

9. Ontario’s large debt grew in a hurry

   The release of Canadian Government Finance Statistics for 2013 reveals that the per capita net financial worth of most provincial and territorial governments stabilized in 2013 and the net liabilities of some provinces and territories ...

10. Ontario’s fiscal update: will the government present a more realistic plan?

    The Ontario government's strategy to eliminate the projected $8.5 billion deficit has largely hinged on hoping revenues will grow robustly and eventually catch up to spending increases. This is a risky strategy. ...