Published 1 month ago

Ontario to balance budget ahead of 2026 election, citing delay due to 'economic uncertainty'

Ontario faces a $3 billion deficit, higher than anticipated, but plans to balance its books before the next election.
The province is projecting a deficit of $9.8 billion in 2024-25, lowering to $4.6 billion in 2025-26 with a small surplus in 2026-27.
Ontario's budget includes increased spending on hospitals, education, and tax rate cuts, with a focus on creating new medical training spots and addressing primary care shortages.

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CTV News

Ontario to balance budget ahead of 2026 election, citing delay due to 'economic uncertainty'

Ontario is facing a larger than anticipated deficit but the Doug Ford government still plans to balance its books before the next provincial election.

1 month ago·Canada

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CBC News

High interest rates, weaker economy derail Ontario's path to balance, 2024 budget predicts

High interest rates are expected to take a toll on Ontario's economy this year, the province said in its 2024 budget, which includes projections of weak economic growth and a ballooning deficit.

1 month ago·Canada

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Global News

Ontario announces new medical school focused on family doctors

The announcement was made in the government’s 2024 budget, with roughly $9 million set aside for the early stages of planning and launching the medical school.

1 month ago·Toronto, Canada

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