Peter Bethlenfalvy faces challenge of a postpandemic budget as Ontario’s new Finance Minister

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The MPP was appointed after Rod Phillips resigned in a controversy over his vacation in the Caribbean island of St. Barts while federal and provincial governments warned the population against travel

Christopher Katsarov/The Canadian Press

Premier Doug Ford appointed the Pickering-Uxbridge MPP as Finance Minister on Thursday after Rod Phillips resigned from the job in a controversy over a vacation in the Caribbean island of St. Barts he took while federal and provincial governments warned the population against travel.

The province’s budget in November included a deficit of $38.5-billion, dwarfing those reported after the 2008 and 1990 recessions, while committing $187-billion in spending. The Canadian Federation of Independent Business looks forward to working with the new minister, but expects “improved financial supports for small firms hit hard by Ontario’s harmful lockdown measures,” president and chief executive officer Dan Kelly said in a statement.Before entering politics, Mr. Bethlenfalvy spent 25 years in the financial services sector. He has held senior roles at Manulife Financial, TD Bank Group and DBRS Ltd.

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شكرًا لك على تعليقك. سيتم نشر تعليقك بعد مراجعته.

The pick ministers of every dep. just like that. How is this man qualified to just jump in this important and complicated ministry? No wonder we are in a mass we are.

He doesn’t need to worry about postpandemic budget, people don’t live that long to see the end of hoax pandemic.

How do you give nurses praise as hero’s during the pandemic while at the same time giving a 1% increase?!

Who cares. That fat cow Ford needs to resign

Question when is hi next holiday Jan 4th

PBethlenfalvy will do a great job as the finance minister. His years of experience on Bay St. And his work with Ontarian’s and business owners with the treasury board will allow him to work on growing the economy and taking care of those that are in need of relief.

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