Tag Archives: Fiscal policy
Addressing Ontario’s Fiscal Challenges
While 2017-18 saw a surplus of $642 million after years of deficits, the 2018-19 Ontario budget now projects a deficit of $6.7 billion and a net provincial debt of $325 billion with deficits projected to continue for five years afterwards. If one considers the recent report of the Auditor-General, then Ontario’s deficit may be even […]
The Interest Rate Time Bomb
The recent policy debate over whether its time for interest rates to start to rise after being at the lowest levels since the Great Depression for nearly five years shows just how much of a policy box governments are in when it comes to fiscal and monetary policy. Never mind the debate over whether there […]
Why is Ontario’s Government Being So Mean to Its Teachers?
Being in Toronto for the Rimini Conference in Economics and Finance 2012 and standing in the shadow of Queen’s Park has led me to contemplate why the Ontario government is suddenly being so mean to its teachers. After years of Dalton McGuinty as the education premier with an expansion of education funding and programs, the […]
Worthwhile Canadian Initiative 
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