Hardworking Ontarians need help, and Ford can give it to them

He should honour his 2018 promise and cut the provincial gas excise tax

Hardworking Ontarians need help, and Ford can give it to themGoing for a drive is one of the few things families can do to get out of the house, but now they’re being hit with gas prices that have spiked to their highest point in two years. Filling up a minivan now costs $95. But it shouldn’t cost that much because Premier Doug Ford promised…

Political welfare raising its ugly head in Ontario again

Ford has changed his tune about political welfare now that he’s Ontario’s premier

Political welfare raising its ugly head in Ontario againOntario Premier Doug Ford use to stick up for taxpayers against political parties that were trying to plunder more of our money. But now Ford seems eager to let political parties stick their hands further into taxpayers’ pockets. Ford rightly railed against political welfare when he was vying for the Progressive Conservative leadership in 2018.…

Ontario needs to look to Quebec for debt management strategies

Governments need to start planning for the recovery and developing plans to put their finances in order

Ontario needs to look to Quebec for debt management strategiesBy Steve Lafleur and Jake Fuss The Fraser Institute As expected, every government budget in Canada this year has been covered in red ink. The pandemic has squeezed tax revenue while governments have boosted spending to combat the public health crisis and deep recession. But after a year of social distancing and with the rollout…

Ontario government’s budget built on a hope and a prayer

Ford government acting like an ostrich with its head firmly buried in the sand

Ontario government’s budget built on a hope and a prayerAs Ontario’s finance minister rose in the legislature to present the government’s 2021 budget, it became painfully clear that the Ford government is acting like an ostrich with its head firmly buried in the sand. When the Ford government released its first pandemic budget in November of 2020, then-finance minister Rod Phillips promised that a…

Ballooning sunshine list a slap in the face to taxpayers

A 10% pay cut for all sunshine listers would save beleaguered taxpayers more than $2.5B

Ballooning sunshine list a slap in the face to taxpayersWhile most Ontarians were barely getting by during lockdowns, the bill for Ontario top bureaucrats ballooned in 2020. There are still 800,000 Ontarians looking for a job. So, it must be jarring for them to see Ontario’s sunshine list, which discloses the municipal and provincial government employees making more than $100,000 per year, increased by…

Students will be stuck paying the pandemic debt tab

The lingering financial fallout from the pandemic will cost our students for the rest of their lives

Students will be stuck paying the pandemic debt tabThe pandemic has been hard on students of all ages. As many parents can attest, their children have missed the social interaction at school and have struggled to focus during online learning. Post-secondary students have missed out on important and exciting life experiences, too. But even after in-class and on-campus learning has resumed to near…

Ontario government must avoid fiscal mistakes of its predecessors

The government must craft a credible short-term plan to eliminate the budget deficit

Ontario government must avoid fiscal mistakes of its predecessorsBy Steve Lafleur and Jake Fuss The Fraser Institute The Ford government released Ontario’s 2020/21 third quarter fiscal update last week. As expected, the numbers were ugly. The Department of Finance now anticipates a $38.5 billion budget deficit for this fiscal year. Moreover, the Financial Accountability Officer projects that while the deficit will decrease substantially…

Ontario must quickly balance budget in wake of pandemic

Deficits might seem like an abstract problem for the future but in Ontario this simply isn’t the case

Ontario must quickly balance budget in wake of pandemicBy Steve Lafleur and Jake Fuss The Fraser Institute New Ontario Finance Minister Peter Bethlenfalvy inherits a difficult job from Rod Phillips. The province’s fiscal challenges long predate the pandemic. The province has mostly run uninterrupted budget deficits since 2008-09. The governments of both Dalton McGuinty and Kathleen Wynne sketched out long paths to budget…

Government debt piling up for Ontarians

Blame economic contraction due to COVID-19 and increased government spending at the provincial and federal levels

Government debt piling up for OntariansOntario’s provincial government now carries more net debt per person than any province except Newfoundland and Labrador. In a reversal of historical norms, Ontario carries significantly more debt – almost $4,000 more per person – than Quebec. Of course, debt (financial assets minus total liabilities) means interest payments. But Ontarians aren’t just responsible for interest…

The COVID-19 crisis is a gift for savvy politicians

Trudeau, for example, has learned that just standing in front of a mic and sounding sincere is about all he needs to do to emerge a political winner

The COVID-19 crisis is a gift for savvy politiciansA lot of us are finding we have the luxury of unexpected spare time while we wait to bust out of COVID jail. I am happily using some of my newfound time to slog my way through Churchill: Walking with Destiny, Andrew Roberts’ brilliant and exhaustive examination of one of the greatest leaders of the…
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