When it comes to cutting taxes, Ford is the emperor that has no clothes

It’s time for Ford to do the job he was sent to Queen’s Park to do

When it comes to cutting taxes, Ford is the emperor that has no clothesWhen Ontario Premier Doug Ford was running for office, he promised to deliver tax relief for Ontario families and businesses. “We have a very simple theory,” said Ford during the 2018 provincial election campaign. “Put money back into the taxpayers’ pocket instead of the government’s pocket, because we believe that the taxpayers are a lot…

Alberta oil and gas hugely important to Ontario economy

$2.1B in salaries and wages were generated as the result of oil and gas spending in 2017

Alberta oil and gas hugely important to Ontario economyBy Ven Venkatachalam and Lennie Kaplan Canadian Energy Centre A headline screamed “The end of the Oil Age” in the Economist in 2003. Fast forward 18 years and that still doesn’t make sense in many ways. The demand for oil is increasing across the globe. Even U.S. President Joe Biden is asking the Organization of…

Ontario reckons with a 15-year spending binge

Ontario’s politicians have to stop spending like drunken sailors

Ontario reckons with a 15-year spending bingeOntario Premier Doug Ford needs to end the province’s 15-year-long spending bonanza. Ford continues to rule out spending cuts to help balance the budget, but he shouldn’t. To contextualize Ontario’s history of reckless spending, take yourself back to 2007. The first-ever iPhone was just released. U.S. President George W. Bush in the White House. And…

Ontario’s minimum wage fails on all fronts

Ever-higher minimum wages are pricing more people out of the job market and reducing economic opportunity

Ontario’s minimum wage fails on all frontsMinimum wages are on the rise again in Ontario. As of Oct. 1, the province’s incessant central planners have not one but six higher price controls for labour. These hurt the most vulnerable Canadians and do the bidding of unions. However, vociferous proponents delude themselves into thinking they have the moral high ground and are…

On economics, Ford is the new Wynne

His transformation – at least on economic policy –  is finally complete

On economics, Ford is the new WynneThe transformation of Doug Ford into Kathleen Wynne – at least on economic policy –  is finally complete. Ford’s earlier promises to cut personal and corporate income taxes have gone unfulfilled. Ford said he would scrap corporate welfare, but even excluding pandemic-related relief, corporate welfare continues unabated, and no real effort was ever made to…

Doug Ford running out of time to keep his promises

Ford outspent former premier Kathleen Wynne even before COVID-19 hit the province

Doug Ford running out of time to keep his promisesThe clock is ticking on Ontario Premier Doug Ford. He promised Ontarians “the party is over with taxpayers’ money.” Now he needs to keep his promise to get spending under control before time runs out and the next election starts. While some may argue that Ford has not had a chance to fix the province’s…

Ontario throne speech a short-sighted vision statement

To rule out cutting spending anywhere is a major disservice to Ontario taxpayers

Ontario throne speech a short-sighted vision statementIt’s odd to use a throne speech to outline the government’s lack of vision. While the recent throne speech predictably focused on COVID-19, the only significant non-pandemic promise was a pledge to balance the budget relying solely on economic growth, with no spending cuts or tax increases. In other words: the Ontario government has no…

It’s time to restore business confidence in Ontario

The largest province in the nation should not have the most anemic economic growth rate

It’s time to restore business confidence in OntarioGood things used to grow in Ontario when we were the economic engine, but now we are nine spots behind the pace car. A new report released by the Fraser Institute shows that, over the past 20 years, Ontario has suffered from a lack of money being injected into businesses, and that has stalled our…

Ontario gas prices hit seven-year high

Without taxes, the price of gas per litre today would be sitting at 92 cents

Ontario gas prices hit seven-year highHardworking taxpayers are facing record-high gas prices, and politicians are the culprits driving up the bills. In Ontario, up to 38 per cent of the price of gas that we are charged at the pumps comes from taxes, according to a report released by the Canadian Taxpayers Federation. And that percentage is only set to…

Ontario’s governments are set to run deficits until the year 2095

Ontario taxpayers deserve better

Ontario’s governments are set to run deficits until the year 2095It’s time for Ontario taxpayers to hit the debt panic button. The Parliamentary Budget Officer released a troubling report earlier this month that shows that, when Ontario’s provincial and municipal finances are looked at together, Ontario will be running deficits indefinitely, until at least the year 2095. Typically, when analysts look at the state of…
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