Ontario’s Third Quarter Finances Show $1 Billion Reduction in Deficit

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.

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2019-02-13T15:45:00+00:00February 13th, 2019|