As the saying goes, a moving target is hard to hit. That is why repeated shifts in the federal government’s deficit and debt goals over the past six months have been so concerning.
program spending
April 5, 2016
2:58PM
Of the $4 billion earmarked for 2016/17, only $1.6 billion will go to public transit and other municipal infrastructure.
March 30, 2016
10:44AM
This year alone, spending is projected to increase by $20.5 billion, a 7.6 per cent jump.
February 25, 2016
9:27AM
A GAI would likely require large-scale lay-offs of bureaucrats to achieve substantial administrative savings—a move that would obviously face strong internal political opposition.
February 16, 2016
9:33AM
The province is facing a nearly $2 billion projected operating deficit.
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.