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’s lost decade of job creation

Toronto and Ottawa are thriving but as long as large regions of Ontario struggle, the province and the country won’t meet their full economic potential

Ontario’s lost decade of job creationBy Ben Eisen and Steve Lafleur The Fraser Institute Ontarians have suffered more than their share of economic pain over the past 15 years. For much of the 2000s, the province’s manufacturing sector was struggling and then the 2008-09 recession made things much worse. In the years that followed, the province’s recovery was unfortunately tepid.…

Feds should stop trying to fix Canadian housing markets

That’s a job better left to municipal and provincial governments, which can actually have an impact on supply and demand

Feds should stop trying to fix Canadian housing marketsBy Josef Filipowicz and Steve Lafleur The Fraser Institute Late last month, Finance Minister Bill Morneau said the federal government is considering ways to make housing more affordable for millennials. While he didn’t mention specifics, a one-size-fits-all plan for the entire country isn’t likely to solve housing affordability woes in expensive cities like Toronto and Vancouver.…

Alberta government must cut taxes to restore economy

It’s time to reform the tax code, eliminate exemptions and cut corporate subsidies, while significantly reducing spending

Alberta government must cut taxes to restore economyBy Steve Lafleur and Ben Eisen The Fraser Institute Alberta’s recovery from the recent recession has been slow and, for many, painful. More than four years after oil prices plummeted in late 2014, private-sector employment in the province still hasn’t recovered to pre-recession levels. Although there will always be factors outside the provincial government’s control…
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