In the absence of additional action, Ontario budget deficits will continue to at least 2020-21.
Government Spending & Taxes
November 4, 2016
12:32PM
Are we really going to spend $135 million on talk shows?
November 4, 2016
3:00AM
With more tax credits, the government has to keep income tax rates higher to raise the same amount of revenue.
November 3, 2016
3:13AM
Only $2.4 billion is being spent on trade and transportation infrastructure over the next five years.
November 2, 2016
9:23AM
This week’s 2016 Economic Statement cut average growth to 1.7 per cent over the next five years.
November 2, 2016
7:25AM
The government has removed its annual safety cushion of $6 billion per year.
November 1, 2016
3:00AM
Reports in advance of Ottawa’s federal fiscal update suggest the deficit may reach $34 billion.
October 27, 2016
8:25AM
Ontario had to write-off $1 billion of taxpayer money from the General Motors/Chrysler bailout.
October 26, 2016
12:11PM
Amazingly, the federal government offers no cost estimates of more than 90 tax expenditures.
October 25, 2016
3:20AM
If provincial finance ministers are convinced they require more funding for health care, they have the ability to raise that revenue themselves.
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