The province is facing a nearly $2 billion projected operating deficit.
program spending
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.
November 24, 2015
9:27AM
Canada enjoyed an economic and fiscal renaissance starting in the mid-1990s that lasted more than a decade.
November 13, 2015
2:35PM
The Ontario government has dug itself deep into debt and continues to spend more than the revenue it brings in each year.
November 3, 2015
2:48PM
If the first step towards remedying a problem is admitting that you have one, Alberta is a long way away from fixing its budget woes.
October 23, 2015
3:37PM
Alberta’s budget, to be unveiled on Oct. 27, will contain the province’s seventh deficit in the last eight years, most recently projected at $5.9 billion.
June 5, 2015
9:00AM
The Ontario government has never made a secret of its desire to have the federal government help fund Ontario’s provincial budget. It even started its own think-tank with $5 million in 2009, which regularly publishes reports that call on the federal government to rescue Ontario’s provincial finances.
May 16, 2015
9:00AM
Provincial cries for more federal money are as old as Confederation, and rarely have any substance to them.
May 2, 2015
6:00AM
In a recent column in the Edmonton Journal, a local historian mused that modern governments have become too enamoured with “the unfettered market of purely economic conservatism.” He then equated higher taxes and more government spending with compassion.