Fiscal watchdog cuts through Wynne government’s spin

Earlier this week, Ontario’s provincial government put out a news release that painted a rosy picture of Ontario’s economy and its public finances. Among other things, the release boasted that the province is on course to meet its “deficit target” for this year, and to balance its budget next year.Unfortunately, implying that Ontario’s books are in good shape is pure spin. The reality is that Ontario has been racking up debt at a historically rapid pace over the past decade and is on track to rack up still more debt in the years ahead.This reality was brought into sharp focus

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