Tag Archives: Ontario budget

Ontario’s finance minister says the province’s $9.8 billion deficit is higher than he “would like” but is still promising to balance the books while keeping up with record infrastructure spending amid a projected economic slowdown. In a post-budget speech and fireside chat with the Toronto Region Board of Trade, Peter …

The Ford government is set to table its annual budget Tuesday afternoon, with the premier promising a “very balanced budget, per se,” one that’s focused on infrastructure and housing but is not expected to get Ontario out of the red. The government’s annual financial blueprint will be tabled inside the …

The Ford government is set to spend half a billion dollars to extend the provincial gas tax cut for another six months, according to the Ministry of Finance, putting the total cost of the affordability measure at $3.2 billion. The gas tax cut was first implemented in 2022 as a …

Ontario’s Progressive Conservative government is sitting on more than $22 billion in “excess funds,” according to the province’s watchdog, with no transparency on how that money will be used over the next four years. The province’s independent Financial Accountability Office (FAO) released a long-term spending forecast, based on the government’s …

By Staff The Canadian Press Posted May 31, 2023 11:25 am Descrease article font size Increase article font size Ontario’s fiscal watchdog says the province has $4.4 billion more allocated to health-care than what’s needed to fund current programs and commitments made until 2026. The Financial Accountability Office of Ontario …

TORONTO — It’s budget day in Ontario and the finance minister says he’s prepared a plan with “targeted investments” to ensure the province’s economy stays resilient in the face of uncertainty. One investment that won’t be in the budget, however, is a sick day program. Government sources told The Canadian …