ontario-budget-projects-$13.8b-deficit,-postpones-balanced-budget-timeline
Ontario Budget Projects $13.8B Deficit, Postpones Balanced Budget Timeline

Ontario Budget Projects $13.8B Deficit, Postpones Balanced Budget Timeline

By Jennifer Cowan
1 Min Read
Ontario Budget Projects $13.8B Deficit, Postpones Balanced Budget Timeline

Ontario Minister of Finance Peter Bethlenfalvy shakes hands with Ontario Premier Doug Ford after introducing the 2026 Budget, as Health Minister Sylvia Jones stands between them, in the Ontario Legislature in Toronto, on March 26, 2026. The Canadian Press/Chris Young

|Updated:

0:00

Ontario is forecasting a $13.8 billion deficit for the coming fiscal year and and has pushed back its timeline to balance the budget to 2028-2029.

This marks an increase from the projected deficit of $7.8 billion for the 2026-27 period that was outlined in last year’s budget.

How Canada’s International Relations Have Changed Over the Past Year
Aid Agencies Urge Intervention as Israel Begins Military Action in Gaza City
Tech Boom, Then Layoffs, Leave Lasting Mark on Austin Housing Market
Australian Foreign Minister Summons Israeli Ambassador Over Video Mocking Flotilla Detainees
Government Says It Accidentally Deleted Privacy Provision in Online Streaming Bill
TAGGED:
Share This Article

You Might Also Like