Higher tax revenues push Ontario deficit down to $13.5-billion, finance minister says

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 92%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Vic Fedeli released Ontario’s 2018-19 third-quarter finances today and says the higher revenues show the government’s plan is working

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

'But, but those damn revenues! They are diluting my false deficit totals, bringing them closer to that pesky financial bureaucrat's accurate figures. Furthermore it is happening despite my inaction and without my influence or credit.'

That happens when you inflate the deficit in the first place.

It's almost as if slightly increasing taxes on wealthy corporations and the wealthiest 1% of Ontarians is good way to generate revenue without hurting the economy.

Dang revenuers!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Barrick predicts higher costs in 2019 as it books $1.2-billion quarterly lossThe company incurred impairment charges at its Lagunas Norte and Veladero mines in Peru and Argentina
Source: globeandmail - 🏆 5. / 92 Read more »

Nutrien benefits from higher sales volumes, reports fourth-quarter profitThe company reported net income from continuing operations of $296-million in the fourth quarter ended Dec. 31
Source: globeandmail - 🏆 5. / 92 Read more »