There is very little to feel reassured about when it comes to Ontario finance minister Charles Sousa’s latest budget.
ontario government spending
February 26, 2016
2:57PM
February 25, 2016
10:46AM
Government spending has grown approximately 47 per cent faster than the provincial economy over a 12-year period.
February 18, 2016
11:51AM
Ontario’s net debt is projected to climb to 40.2 per cent of the provincial economy this year.
January 28, 2016
3:00AM
This year, Ontario is projected to run its eighth consecutive budget deficit, which will be approximately $7.5 billion.
January 11, 2016
10:45AM
By 2015/16, combined federal and provincial government net debt in Canada is expected to reach $1.3 trillion.
January 6, 2016
10:48AM
Ontario’s net debt has approximately doubled over the last decade and now stands at roughly $300 billion—or $21,000 per Ontarian.
December 9, 2015
3:00AM
While some provinces have taken steps to rein in spending and balance budgets, Ontario is a laggard and Alberta has embarked on a new road to debt.
December 4, 2015
9:03AM
The Ontario government is considering subsidies for the province’s fashion industry, which is a bad a idea for many reasons.
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.