Oct 31, 2022
By Steve Kee
ONTARIO’S FALL ECONOMIC STATEMENT NOVEMBER 14
This week the Federal Government will present its fall economic statement and Ontario will follow suit on November 14th.
The theme, according to Finance Minister Peter Bethlenfalvy, is on the government’s update on its “plan to build.”
Last week, Ontario announced the last fiscal year ended with a $2.1-billion surplus, a far cry from the $33-billion deficit projected in the budget, thanks to inflation and a strong economy.
The province’s financial watchdog said it projects budget surpluses for the next five years.