The two governors criticized the “bluster,” “rhetoric,” and “distraction,” coming out of Washington as the U.S. and Canada negotiate their trade relationship. ...
Category: Government Finance and the Economy
Heard: Premier talks NAFTA, health care in U.S. lecture
The premier also told the audience about her government's recent domestic priorities, including increasing the minimum wage and preparing to give free prescription drugs to all Ontarians under age 25. ...
FAO projects Ontario will lose 50,000 jobs from minimum wage boost
Increasing the wage to $15 an hour is "an inefficient policy tool for reducing overall poverty," the Financial Accountability Office asserts. ...
Heard: Ontario piles on 31,000 more jobs in August
Province forecasts job numbers to spike by 94,000 in 2017. ...
Brad Duguid will not run for re-election in 2018
An MPP since 2003, the economic development minister's decision will leave a void in the cabinet and his riding, Scarborough Centre. ...
Province to roll out 40 stand-alone pot shops next year
Pot and booze will not be sold at the same location, although the LCBO will oversee the reefer rollout. ...
Ontario’s deficit drops to $1 billion, though fiscal watchdogs have a bone to pick
Auditor general says government "significantly understated" its deficit. ...
Ontario’s debt reduction plan unlikely, financial watchdog finds
The Financial Accountability Office has found it's unlikely the government will meet its target for reducing the debt-to-GDP ratio to its pre-recession level by 2029-30. ...
Heard: Ontario far outpaces other provinces in consumer debt growth
Report finds province's consumer debt grew more than 5 per cent, towering over the next-closest candidate, New Brunswick. ...
Tory MPP says Liberal policies kill manufacturing jobs
Monte McNaughton blames energy, tax costs for layoffs at Cambridge aeronautics plant but company cites reduced demand alone. ...