Ontario resilient enough to weather possible recession, finance minister says

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Peter Bethlenfalvy says the fiscal situation has improved by billions of dollars, although still running at a deficit.Sign up to receive daily headline news from the Ottawa SUN, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails or any newsletter. Postmedia Network Inc.

Bethlenfalvy says the improvement is due to higher corporate tax revenue and increased revenue from sales taxes..He says after unprecedented investments during the pandemic, it’s now time for the province to show restraint. Bethlenfalvy says the province, like the rest of the world, continues to face pressures from high inflation, increased interest rates, geopolitical issues and supply chain disruptions.

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Ontario resilient enough to weather possible recession, finance minister saysOntario\u0027s finance minister says the province\u0027s economy is resilient enough to withstand a possible recession. Not with Trudeau's carbon taxes in play
La source: TheTorontoSun - 🏆 23. / 68 Lire la suite »