debt

2:04PM
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Household assets have increased from $2 trillion in 1990 to $12 trillion last year.


4:30AM
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Ontario has seen its share of total provincial net debt rise to 51 per cent.


5:00AM
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Economic productivity remains low, which translates into lower wage and income growth for Ontarians.


1:58PM
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Starting in 1995, Prime Minister Jean Chretien and Finance Minister Paul Martin reduced program spending, balanced the budget and cut taxes.

2:58PM
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The just-released Parliamentary Budget Officer report projects deficits in every year from 2016/17 to 2020/21.

4:00AM
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Let’s look at the expected fiscal balances in Canada’s 10 provinces for 2015/16.


9:00AM
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The Ontario government has never made a secret of its desire to have the federal government help fund Ontario’s provincial budget. It even started its own think-tank with $5 million in 2009, which regularly publishes reports that call on the federal government to rescue Ontario’s provincial finances.


10:00AM
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Imagine you’re near what you thought was a dormant volcano but it suddenly erupts. Assuming you escape, you might later reflect that there was nothing “sudden” about it.


6:00AM
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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.