ontario budget

9:48AM
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Upcoming budget last chance for Ford government to keep fiscal promises in first term

The government has increased per-person spending by more than 10 per cent between 2018/19 and 2020/21.


3:30AM
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Ontario government can learn fiscal lessons from Alberta

Despite steep budget deficits, successive provincial governments have been unwilling to reduce spending.


3:09PM
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Ontario needs more business investment during the recovery and beyond

The average annual growth rate in investment in residential structures was only 1.4 per cent.


12:05PM
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Ford government continues to mirror fiscal approach of its predecessors
Over three years, nominal program spending will increase by a cumulative total of 8.5 per cent.

10:29AM
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Ford government presiding over massive growth of debt and debt interest costs
Ontario's projected net government debt will eclipse $585 billion by 2029-30.

3:49PM
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Ontario’s latest budget will keep debt interest costs rising

According to the budget, debt interest payments will total $13.1 billion in 2021/22.


3:23PM
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Ford fiscal strategy resembles McGuinty/Wynne plans—with predictable results

By fiscal year 2023/24, Ontario's provincial net debt will eclipse $503 billion.


9:48AM
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Ford government must dramatically change course to fulfill many promises

High spending levels increase government debt, which raises the spectre of future higher taxes and creates uncertainty for potential investors.


10:48AM
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Ford budget could represent turning point in Ontario fiscal history

Within two fiscal years of Chretien's 1995 budget, federal finances had moved from large deficits to surpluses.