Ontario Government Beating Fiscal Targets While Investing in Priority Programs
Government says plan creates conditions for a more competitive economy November 6, 2019–Finance Minister Rod Phillips today released the 2019 Ontario Economic Outlook and Fiscal Review: A Plan to Build Ontario Together — which maintains the government’s commitment to balance the budget by 2023-24 through prudent fiscal management while making …
Canadian Plan Sponsors Continue to Post Positive Median Returns
Alternative assets outperformed traditional assets for the quarter TORONTO–The median return of the BNY Mellon Canadian Master Trust Universe, a BNY Mellon Global Risk Solutions fund-level tracking service, was +1.66% for the third quarter of 2019 despite slowing global growth indicators. The 1 year median return as of September 30, …
OPSEU First Vice-President/Treasurer: Capping wages is a waste of time, effort, and money
TORONTO–OPSEU’S First Vice-President-Treasurer is going to Queen’s Park on Monday to put the Ford government on notice its legislation to trample the collective bargaining rights of public sector workers could be yet another expensive boondoggle. “Climate change. Hallway health care. The gender pay gap. The high cost of housing and …
Fate of global economy rests in policy decisions of few: EDC report
With so much at stake, EDC Economics foresees near-term resolution that should reignite growth OTTAWA–There is a strange dichotomy at play in the global economy. On one hand, global growth is slowing, led by weak business investment and trade. But the other, on the consumer side, the picture is much …