Ontario resilient enough to weather possible recession, finance minister says

  • 📰 ottawasuncom
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 92%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Ontario\u0027s finance minister says the province\u0027s economy is resilient enough to withstand a possible recession.

Play Video

Peter Bethlenfalvy says the fiscal situation has improved by billions of dollars, although still running at a deficit.Sign up to receive daily headline news from the Ottawa SUN, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails or any newsletter. Postmedia Network Inc.

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.

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:

 /  🏆 4. in ZA
 

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

South Africa South Africa Latest News, South Africa South Africa Headlines

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

Ontario resilient enough to weather possible recession, finance minister saysOntario\u0027s finance minister says the province\u0027s economy is resilient enough to withstand a possible recession. Not with Trudeau's carbon taxes in play
Source: TheTorontoSun - 🏆 23. / 68 Read more »