“As policymakers at Queen’s Park prepare to table this year’s provincial budget, they should recognize the source of today’s deficit and debt problem—government spending,”
Spending to blame for Ontario’s chronic deficits and massive debt—not a weak economy
TORONTO—Government spending—not slumping revenues—is responsible for Ontario’s chronic budget deficits, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.