government spending ontario

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Many Canadian jurisdictions are following the U.S. lead by enacting policies that undermine economic freedom.

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During 10-year period, major federal transfers to Ontario rose from $10.9 billion to $20.4 billion—an increase of 87.8 per cent.


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Between 2001 and 2008, Ontario provincial government spending grew at an average of five per cent annually while revenues only grew four per cent.


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Roughly 12 hours after Premier Kathleen Wynne was re-elected in Ontario with a majority government, bond markets and international credit rating agencies sent her a powerful message about the province’s dismal public finances.


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On Tuesday, Ontario Finance Minister Dwight Duncan had one of those rare opportunities of which politicians can only dream. With his province heading toward a fiscal crisis caused by mounting debt and out-of-control spending, an opposition sympathetic to dealing with the problem, a public that clearly wants his government to address the debt, and news outlets that understand the need for significant fiscal restraint, everything lined up for Duncan.


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In his recent shot at Alberta, Ontario’s premier Dalton McGuinty—who blamed the West’s resource boom for a slowdown in Ontario’s manufacturing sector—invented a fascinating explanation for the relative decline of Ontario.

While McGuinty later backtracked and claimed his original clear point was not his actual opinion, what is yet transparent is how, in McGuinty’s world, Ontario’s problems have nothing to do with his own policy choices, or events outside of Canada—say, worldwide competition in the manufacturing sector.