From Fraser Institute <[email protected]>
Subject Ontario's budget deficits, and other commentaries
Date November 7, 2020 6:00 PM
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FRASER UPDATE
A weekly digest of our latest research, commentary, and blog posts
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Featured Article
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Ontario braces for largest budget deficits in provincial history
Over the next three fiscal years, Ontario’s cumulative deficit will hit a forecasted $99.7 billion.
Read More [[link removed]]


Commentary and Blog Posts
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Canada lags behind most industrialized countries on key economic, fiscal indicators [[link removed]]
(Appeared in the Financial Post) by Jason Clemens, Jake Fuss, and Milagros Palacios
Federal government spending is expected to increase by more than 68 per cent in 2020-21.

COVID-related spending increases threaten future economic growth [[link removed]]
(Appeared in the Edmonton Sun) by Livio Di Matteo
Since the 1970s, Canada’s spending-to-GDP ratio has always been larger than the ideal range to maximize economic growth.

Trudeau government creating harmful work disincentives for many Canadians [[link removed]]
(Appeared in the Ottawa Sun) by Ben Eisen
At $38,000, the benefit it begins to get “clawed back” at a rate of 50 cents on the dollar.

Size of government matters for economic growth [[link removed]]
by Jason Clemens and Alex Whalen
Nova Scotia recorded the largest government sector at 61.6 per cent of the economy, more than double the optimal size.

Canada moving quickly towards U.S.-style ‘spend now, pay later’ government [[link removed]]
(Appeared in National Newswatch) by Jason Clemens and Milagros Palacios
The Trudeau Liberals initially promised to run deficits for three years to finance spending increases.

Ford’s deficit-reduction plan reminiscent of Rae, McGuinty, Wynne years [[link removed]]
(Appeared in the Toronto Sun) by Ben Eisen
In fiscal year 2022/23, Ontario's government debt interest costs will reach $13.9 billion.


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