Today Vic Fedeli, Minister of Finance,
was joined by Peter Bethlenfalvy, President of the Treasury Board, to provide
an update on the province’s finances. The government released the Ontario 2018-2019
Third Quarter Finances which, for the
first time, reveal a $1 billion reduction in the Province’s deficit, largely
driven by increased economic activity from consumers and businesses. The
deficit is now projected to be $13.5 billion in 2018-19.