Ontario Finance Minister expresses discomfort with size of deficit: ‘Higher than I would like’

RELATED: After Ontario tabled their budget for 2024, the province's finance minister Peter Bethlenfalvy joins Candace Daniel with more on what this means for the future of the province. – Mar 27, 2024Ontario’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.

Still, the Canadian Taxpayers Federation accused the Ford government of “runaway spending” and called for a top-to-bottom review of expenses. In 2019, then-finance minister Vic Fedeli projected a surplus in 2023-24 of $300 million but the government wound up posting a $3 billion deficit. Again in 2022, current Finance Minister Peter Bethlenfalvy promised to post a $200 million surplus and is now projecting a $9.8 billion surplus.

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Ontario budget to be 'prudent and responsible': finance ministerIt's budget day in Ontario, and the finance minister is set to present his plan to bolster the economy ahead of an expected slowdown, while also trying to ease the rising cost of living
La source: SooToday - 🏆 8. / 85 Lire la suite »

Ontario’s finance minister responds to Whitby’s disappointment on lack of hospital funding in budgetThe province unveiled its 2024 budget on Tuesday and the Mayor of Whitby made a statement after it didn't include any funding for a new local hospital. On We
La source: DurhamRadioNews - 🏆 70. / 51 Lire la suite »