There is very little to feel reassured about when it comes to Ontario finance minister Charles Sousa’s latest budget.
ontario budget
February 26, 2016
2:57PM
February 25, 2016
3:25PM
The Wynne government estimates it will add $11.5 billion in net debt in 2015/16.
February 25, 2016
10:46AM
Government spending has grown approximately 47 per cent faster than the provincial economy over a 12-year period.
February 24, 2016
10:45AM
If interest rates rise faster than expected, Ontario’s annual debt interest payments could increase by up to $857 million in 2017/18.
February 24, 2016
3:00AM
Ontario has run a budget deficit every year during Premier Wynne's time in office.
February 23, 2016
3:00AM
The Ontario government's fiscal projections assume revenues will grow faster than spending, when the opposite has often been the case.
December 2, 2015
9:29AM
Ontario’s government is spending more than it takes in each year. This year will represent the province’s eighth consecutive budget deficit.
November 26, 2015
11:59AM
On Thursday, Finance Minister Charles Sousa will provide an update for Ontarians on the state of provincial government finances.
November 25, 2015
10:17AM
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.
November 18, 2015
9:30AM
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.