Ontario resilient enough to weather possible recession, finance minister says | Globalnews.ca

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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