What economists are saying about Ontarios projected $14.6 billion budget deficit

Image for article What economists are saying about Ontarios projected $14.6 billion budget deficit
News Source : Financial Post

News Summary

  • The deficit for the fiscal year 2025-2026 will rise to $14
  • 6 billion
  • The deficit will also come in steeper at $7
  • 8 billion in 2026-2027, undercutting a previously expected surplus of $500 million
  • Province now expects to arrive in surplus territory in 2027-2028
Ontarios fiscal outlook took a hit this week as the province unveiled a budget designed to protect workers and industry in the face of the economic threats posed by U.S. tariffs.THIS CONTENT IS RES [+5028 chars]

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