Ontario will have $15B deficit, not the $6.7B the Liberals projected: finance minister

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Vic Fedeli says the previous government did not balance the budget as it reported: the province’s public account shows a $3.7 billion deficit in 2017-18

 

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So how is it that Kathleen_Wynne and the Ontario liberal party are not held accountable? They should all be charged and their pensions nullified.

Haha I guess it's not a coincidence that the liberal colour of choice is red!

One hopes this revelation will be followed up by civil action against Wynne et all personally for misfeasance/abuse of office.

Hope the media, acting on the public's behalf, demands to see the financial statements upon which these numbers are based.

"Two fiscal watchdogs—the province’s auditor general and financial accountability officer—have also cast doubts on their accounting in the past, with one questioning the government’s claims to balance in 2017-2018." Commenting on Liberals in April article.

Looks like Ford stuffed everything he could into this one & blame the other guys!!!

Good job Ford!

Well the details are available, maybe as a news organization you could report it. This stems from a disagreement of how to book an asset. It is not a cover up nor is it hiding expenses. Both Liberals and Conservative governments are using the system that support their goals.

Wait for the Squealing (from Left Wing) Brakes, on programs that will be cut. CTV, CBC, TORSTAR, G&M, NDP, UNIONS. Tissues?

Liberals alway hide the facts

So..... $2 a beer?

So the Auditor General and the Finanical accountability officer were both were wrong, but Gordon Campbell was not? Talk about typical sketchy American owned Postmedia reporting.

Add in the 9 billion $ in carbon credits and at least a few hundred wind farm project law suits and lets see how high we can get it! Woo hoo. Winning!

Just wait until we get the truth of the Federal mess Trudeau will leave. Taxpayersarefodder

Brutal.

Qu'elle surprise.A nonpartisan question.When in history of Canada has the incoming government of any level ever applauded the budget statement of the previous government.Incoming MPs always declared the province/country in imminent fiscal disaster. I got zero times. onpoli

So the liberals projected it almost 2/3 less than it actually is? I thought these things balance themselves?

People on ODSP feel like this now.

Not surprising. What will surprise me is if they highlight all the fraudulent behaviour of the previous governemnt and then actually do something to fix it and the system that made it possible.

😂😂😂😂 georgeishak1

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Finance Department projects federal deficits until 2040That is roughly a five-year improvement over last year’s estimate and 15 years sooner than the timeline presented in 2016 globepolitics Projects based on assumptions made when Fall Forecast put together. Situation has changed since then so there you go. globepolitics The liberals were only off by 21 years. Sunny ways my friends globepolitics Government can’t get next year right. Probability of accurate 2040 forecast = ZERO.
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