Skip to main content

We've updated our Privacy Policy. Questions? Email us any time at privacy@ground.news

Published loading...Updated

Ontario deficit nearly doubles as province tables $244.2 billion budget in face of ‘unpredictable economic shocks’

Ontario's 2026-27 budget raises health and infrastructure spending, cuts small-business tax rate, and delays balance until 2028-29 amid rising deficit and economic uncertainty.

  • The Ontario government tabled a budget projecting a $13.8 billion deficit for 2026-27, up from the previously forecast $7.8 billion.
  • The budget proposes cutting the small business corporate income tax rate from 3.2% to 2.2% and allocates over $1.1 billion in new funding for hospitals.
  • It also provides $1.1 billion over three years to expand home and community health-care services and $186 million in new funding for the Ontario Autism Program.
Insights by Ground AI
Podcasts & Opinions

31 Articles

Cambridge TimesCambridge Times
+5 Reposted by 5 other sources
Lean Left

Ontario budget continues to leave students, faculty, and campus workers behind

Toronto, March 27, 2026 (GLOBE NEWSWIRE) -- Ontario’s 2026 Provincial Budget fails to provide adequate funding for the postsecondary sector, despite the Government’s stated commitments to strengthening the workforce and protecting the economy.

·Cambridge, Canada
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 66% of the sources lean Left
66% Left

Factuality Info Icon

To view factuality data please Upgrade to Premium

Ownership

Info Icon

To view ownership data please Upgrade to Vantage

Winnipeg Free Press broke the news in Winnipeg, Canada on Thursday, March 26, 2026.
Too Big Arrow Icon
Sources are mostly out of (0)

Similar News Topics

News
Feed Dots Icon
For You
Search Icon
Search
Blindspot LogoBlindspotLocal