Category: Government Finance and the Economy

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New payday loan rules leave both lenders and borrowers frustrated

New caps on fees and loan amounts aim to protect consumers, but actually encourage more borrowing or push clients toward the black market, experts say. ...

Two major banks raise concerns over what auto tariffs would mean for Ontario’s economy

One scenario would see Ontario's GDP go into a contractionary phase for the first time since the Great Recession. ...

Liberal spending plan requires severe cutbacks and still balloons the debt, fiscal watchdog warns

"The government’s fiscal plan shifts the burden of paying for the budget’s new spending programs from current taxpayers to younger Ontarians," David West, the FAO's chief economist, reports. ...

LiUNA workers rally against budget bill change, chant ‘We want Doug’

The labour law changes are part of the omnibus budget bill being debated by MPPs. ...

Tories slam Liberals for incurring ‘negative’ outlook from key credit-rating agency

Moody's wags its finger over projected budget imbalances due to higher-than-expected government spending plan. ...

Canadians have high anxiety over marijuana legalization, poll finds

The 38-per-cent support for legalization is down from 60 per cent two years ago. ...

Doug Ford’s proposal to exempt low-income Ontarians from provincial taxes ‘surprisingly progressive’ but complex: Economist Mike Moffatt

'If this is replacing the tax cut in the People's Guarantee, it's a surprisingly progressive approach,' the Ivey Business School economist says. ...

Finance Minister: Federal budget shows collaboration with Ontario, but some things are missing

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