ontario

10:00AM
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Amid a gathering fiscal storm, the Ontario government will soon table its budget for the coming fiscal year and beyond. There’s a lot riding on getting things right.


9:00AM
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Soon, the Wynne government will present its first budget since being re-elected with a majority last June. This will be a critical test, particularly with respect to the bond market and credit rating agencies.


6:00AM
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Ontario’s net public debt is estimated at $287.3 billion and will hit nearly $320 billion by 2017. The evolution of this daunting number is an interesting story as the spring budget approaches.


6:00AM
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The mining industry contributes mightily to Canada’s economic prosperity, adding $54 billion to Canada’s GDP and employing roughly 383,000 Canadians at an average annual salary of more than $110,000 in 2013. But Canada has a serious problem with land-use certainty that may threaten future investment in the sector.


10:00AM
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With the plunge in oil prices over the last six months (and already soft natural gas prices), it’s not headline news to note that provinces heavily dependent on energy-related revenues are suffering.


11:00AM
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The Ontario government is currently neck deep in negotiations with public sector unions including those representing bureaucrats, teachers, and police officers.


9:00AM
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Ontario’s provincial government wants a balanced budget for the 2017-18 fiscal year, and Finance Minister Charles Sousa is adamant that Ontario will reach that goal.


9:30AM
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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.