Ontario's $13.8 billion deficit exposes Canada's broken fiscal model

Rudyard Griffiths and Sean Speer dissect Ontario's massive budget deficit and Canada's broader fiscal crisis. They examine how governments across the country are abandoning fiscal discipline, relying on deficit spending rather than organic economic growth.

In the second half, they explore the collapse of entrepreneurship in Canada, the concentration of economic activity in government, and how an increasingly narrow tax base enables unsustainable spending. They argue this represents a fundamental shift away from economic freedom and individual autonomy toward European-style state dependency.

You can read Charles Lammam's analysis "Canada is losing its entrepreneurs—and barely anyone is talking about it," here: https://thehub.ca/2026/03/23/canada-is-losing-its-entrepreneurs-and-barely-anyone-is-talking-about-it/

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CREDITS:

Amal Attar-Guzman - Producer and Editor

Rudyard Griffiths and Sean Speer - Hosts

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