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1. Sousa sticks with risky status quo plan to eliminate Ontario’s deficit

   Appeared in the Toronto Sun, December 1, 2015 Imagine a family that consistently spends more money than it earns. The family’s debt now greatly exceeds its financial assets, and it spends 10 cents of every dollar of income on interest payments. The family ...

2. 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. ...

3. 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. ...

4. Ontario needs to speed up its deficit reduction: Government should look at compensation for government employees

   Appeared in the Toronto Sun, November 15, 2015 The Ontario government has pledged to eliminate its budget deficit by 2017/18. However, the government’s recent record on fiscal issues casts doubt on whether it will meet this target. To balance the books ...

5. Another warning sign Ontario may not meet its balanced budget target

   Appeared in the Ottawa Citizen, November 10, 2015 The Ontario government has dug itself deep into debt and continues to spend more than the revenue it brings in each year. While it has pledged to eliminate the deficit by 2017/18, a new report from the ...

6. Ontario credit downgrade yet another sign for fiscal policy change

   Appeared in the Toronto Sun, July 18, 2015 Last week, Standard and Poor’s announced a downgrade to Ontario’s long-term credit rating, pointing to the province’s “very weak budgetary performance.” The downgrade, which has the potential to increase the cost ...

7. Ontario’s 2015 Budget: an exercise in wishful thinking

   Appeared in the Financial Post Ontario’s 2015 budget, like those of years past, needed a concrete plan to get government finances on a sound footing. Yet again, the budget failed to deliver. Instead, the government continues to delay the tough decisions ...

8. Ontario premier's fiscal imprudence is reckless

   Appeared in the Winnipeg Free Press and Flin Flon Reminder, Jan 25, 2015 How governments manage their finances matters a great deal. Spend and borrow too much and the result is a spiral of increasing deficits that create ever higher debt. Then, ever-more ...

9. Ontario’s fiscal update stays committed to complacency

   Appeared in the Waterloo Region Record There was an aura of complacency in Queen’s Park as the Ontario government released its update on the state of provincial finances. The government remains committed to its relatively passive approach of dealing with ...

10. Are “Wynne Days” Coming?

    Appeared in Waterloo Region Record We’ve seen this script before. Higher spending. Tax increases. Persistent deficits. Growing debt. Warnings from credit rating agencies. A government unwilling to make the tough choices to turn things around. That’s the ...