Ontario’s fiscal watchdog says deficit is $1.2B lower than claimed, but warns of huge future shortfalls

December 10, 2018 - All News

Ontario’s financial accountability officer is projecting that next year’s deficit will be $15.1 billion and $16.4 billion by 2022-23.

Ontario’s fiscal watchdog says this year’s budget deficit is $12.3 billion — $1.2 billion lower than Finance Minister Vic Fedeli has projected.

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