Provincial Finance Minister Charles Sousa tells an upbeat story about a booming Ontario, but reality is more complicated. The province’s finances remain a mess.
The province is on track to run its ninth consecutive multi-billion dollar budget deficit.
Researchers have found that the cost of improving household efficiency is more than twice the value of the energy savings.
Ontario Premier Kathleen Wynne has reiterated her government’s commitment to push ahead with a provincial pension plan.
With a lot of economic potential at stake, it appears that there’s growing room for improvement in Ontario’s policy environment.
Kathleen Wynne celebrated this week after winning the Ontario Liberal leadership and the premiers job. But now comes the hard part, finding a way to return Ontarios finances to a stable, sustainable path.
Part of the challenge facing Ms. Wynne is Ontarians indifference to the provinces deficits and debt. If the citizens of the province arent concerned about the over-spending, the deficits, and the accumulated debt that emerges from such spending, then we shouldnt be surprized to see politicians ducking hard decisions.