ontario's finances

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How to bring investment back to Ontario

Lower business taxes tend to result in higher wages for employees.

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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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Many Ontarians have likely heard a horror story or two about their government’s growing debt and the resulting strain on public finances. You can’t blame them. Sources of evidence abound.

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How governments manage their finances matters a great deal. Spend and borrow too much and the result is a spiral of increasing deficits that create ever higher debt. Then, ever-more tax dollars end up spent on debt interest—not on education, health care, administering provincial courts, or other areas in which provincial governments are involved.