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/ If you are enjoying the free version of the Hub Roundtable, subscribe to become a Hub Hero or Fellow to access the full version every week: https://thehub.ca/join/ The Hub is Canada's fastest growing independent digital news outlet. Subscribe to The Hub's podcast feed to get our best content when you are on the go: https://tinyurl.com/3a7zpd7e (Apple) https://tinyurl.com/y8akmfn7 (Spotify) Follow The Hub on X: https://x.com/thehubcanada?lang=en CREDITS: Amal Attar-Guzman - Producer and Editor Rudyard Griffiths and Sean Speer - Hosts Hosted on Acast. See acast.com/privacy for more information.