Who was Barbara Mitchell?
  1. Search
  2. ontario debt
  3. Site

Search

Search results

  1. Minister Sousa misses the big picture on Ontario’s economy and finances

    Appeared in the Toronto Sun, Aug 9, 2017 It seems Ontario’s Finance Minister Charles Sousa doesn’t agree with me about the state of provincial finances. In a letter to the Toronto Sun he criticized a recent column of mine, suggesting I wasn’t ...

  2. Ontario debt—kicking the can down the road

    A new study released this today by the Fraser Institute examined the Wynne government’s plan to reduce Ontario’s debt burden to pre-recession levels (26-27 per cent) by 2029/30 from its current level of 37.5 per cent. The government’s ...

  3. Wishful Thinking: An Analysis of Ontario’s Timeline for Shrinking Its Debt Burden

    Since 2007/08, Ontario’s level of public debt has approximately doubled. As a result, the provincial debt-to-GDP ratio has climbed to historically high levels in recent years. In its 2017 budget, Premier Wynne’s government presented a timeline for ...

  4. How public debt begets public debt in Ontario

    Appeared in the Ottawa Sun, Aug 2, 2017 One of the most important policy problems facing Ontario is the province’s big government debt burden, which amounts to approximately $21,000 per person. It’s also proving to be a stubbornly difficult one to solve. ...

  5. Provincial government net debt up 89% in less than a decade

    After a lull spanning the first decade of the 21st century, it seems that provincial government debt is again on the rise. Based on figures compiled from the Federal Fiscal Reference Tables and plotted in the first chart below, total ...

  6. Quebec now more creditworthy than Ontario

    Appeared in the Ottawa Sun, June 22, 2017 Standard & Poor’s decision to boost Quebec’s credit rating last week has an important symbolic consequence for neighbouring Ontario. The move, which raised Quebec’s credit rating from A+ to AA-, means that for ...

  7. Alberta’s run of deficits tower over Ontario’s worst

    Appeared in the Financial Post, May 30, 2017 Over the past decade, Ontario emerged as the poster child for poor fiscal management in Canada, due largely to the province’s deep run of deficits. However, thanks to a decade of rapid spending growth and ...

  8. In Ontario, the cost of doing business is high

    Jon Dwyer, the managing director of an Ontario-based bio-tech company, recently took to the CBC to express his concern that doing business in Ontario was becoming increasingly difficult. In his column, Dwyer states that rising energy ...

  9. Race to the Bottom: Comparing the Recent Deficits of Alberta and Ontario

    Alberta’s public finances are deteriorating rapidly, with the provincial government set to run a cumulative budget deficit of $27.6 billion over the three-year period from 2015/16 to 2017/18. Until recently, by far the largest deficits of any ...

  10. Ontario’s debt plan—weak and risky

    Ontario’s finances remain in deep trouble, despite last month’s announcement of a balanced operating budget for 2017/18. The province still has $312 billion in net debt, and expects to pile on more than $11 billion in new debt annually ...