ontario's fiscal update

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Ontario government’s fiscal history drenched in red ink

From 1968 to 2023, Ontario ran 48 deficits—or deficits 87 per cent of the time.

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Ford government’s budget update overly optimistic and likely ineffective

Ontario announced no measures to tackle the underlying problems in the province’s electricity market that cause higher prices.

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When the federal government faced a growing debt problem in the late 1980s, then Opposition finance critic Paul Martin was initially skeptical about cutting spending.