With a little willpower, Ford can fix Ontario’s finances

Targeting the education budget and bureaucracy would equal real progress on the deficit

With a little willpower, Ford can fix Ontario’s financesThanks to the reckless policies of former premiers Dalton McGuinty and Kathleen Wynne, when Ontario Premier Doug Ford was elected three years ago the province was well on its way to being driven into a fiscal wall. Ford promised Ontario voters that he would hit the breaks. Unfortunately, it seems like he hasn’t been able…

Ontario teachers’ compensation is the cost elephant in the room

It’s time to bring their sky-high pay down to earth

Ontario teachers’ compensation is the cost elephant in the roomWhile thousands of Ontario teachers are receiving six-figure salaries, a budget crunch at the Ministry of Education means it’s time to bring their sky-high pay down to earth. A report released by the Ontario Financial Accountability Office shows a $200 million funding gap between what the province has budgeted to spend on education and what…

Ontario must end the partying on the taxpayers’ dime

Ford's free-spending ways surpassing those of Kathleen Wynne

Ontario must end the partying on the taxpayers’ dimeOntario Premier Doug Ford promised to end the party with taxpayers’ money. Instead, he’s replaced the iPod playlist and chip dip with the booming beats of a live DJ and a laser light show. When he was campaigning across the province during the 2018 election, Ford promised to end the government’s free-spending ways and restore…

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…

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…

More spending on public schools not producing better results in Ontario

Quebec spending per student is 13.6% less than in Ontario yet Quebec students achieve comparable results to students in Ontario

More spending on public schools not producing better results in OntarioBy Tegan Hill and Jason Clemens The Fraser Institute Policy-makers in Ontario often mistakenly think more spending on public education automatically means better results. But despite relatively high and increasing levels of spending on public schools, there hasn’t been a commensurate boost in student performance. More spending on public education doesn’t always mean better results.…

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…

Ontario budget update misses mark in face of COVID-19

The plan is based on unrealistic assumptions that pose real risks to Ontario finances and includes spending likely to be ineffective

Ontario budget update misses mark in face of COVID-19By Jason Clemens and Niels Veldhuis The Fraser Institute With all the announcements last week by the federal government, and the drama surrounding the passage of the federal spending bill, the Ontario fiscal update went largely unnoticed. But since Ontario is Canada’s largest province – in population and the size of its economy – so…

Ontario budget an exercise in wishful thinking

The government continues to delay making the tough decisions

Ontario budget an exercise in wishful thinkingBy Charles Lammam and Milagros Palacios The Fraser Institute Ontario’s 2015 budget, like those of years past, needed a concrete plan to get government finances on a sound footing. Yet again, the budget failed to deliver. Instead, the government continues to delay the tough decisions while doing nothing to enact policies that improve the economic…