that's right: our corporate tax rates are too low, which has created a structural deficit. but, it's only a problem if you don't understand how government accounting operates.

the best thing to do would be to roll out infrastructure spending to boost tax revenue.

but, we're stuck in a race to the bottom, and held hostage by an ideologically backwards approach to governing that thinks that government is the problem in society.

a rational person might see a report like this as an argument that austerity in this province is already at a breaking point. but, the government is likely to interpret it as a green light to sell off public assets, because they don't actually care about fiscal deficits in the first place - it's just smoke and mirrors for a pro-market agenda.

https://www.huffingtonpost.ca/2019/02/14/doug-ford-vows-to-find-waste-after-financial-watchdog-warns-theres-little-to-cut_a_23669935/