News

Ontario projects $14.6-billion deficit in budget as it wrestles with U.S. tariffs
With levies on auto, steel and aluminum industries, province forced to change previous estimate of a $1.5-billion deficit ...
Ontario expects budget deficit to more than double in face of US tariffs
Ontario, Canada's most populous province and manufacturing powerhouse, on Thursday forecast its widest budget deficit since ...
Ontario budget forecasts $14.6B deficit, slower growth in wake of U.S. tariffs
U.S. President Donald Trump’s tariffs cast a pall over Ontario’s budget Thursday, dragging down GDP growth and knocking the ...
Ontario to Sell More Debt Abroad as Deficit, Spending Grow
Ontario plans to borrow C$59.8 billion ($42.7 billion) to fund a larger budget deficit and spending on highways and other ...
Why Ontario's 1.5M new homes target looks increasingly out of reach
The new Ontario budget forecasts a slow pace for housing construction over the next three years, making the likelihood of ...
Audit shows how promotions and pay bumps contributed to TVDSB's $16M deficit
An investigation into the Thames Valley District School Board's finances found instances of mismanagement, including ...
iPolitics4d
Ontario projects steeper $14.6 billion deficit, promises supports for business impacted by tariffs
Some of the biggest ticket items in Thursday's budget include the new $5 billion Protect Ontario Fund to support businesses ...
Trade War Brings Ontario Budget Deficit to Near Pandemic Levels
Ontario’s budget shortfall is expected to reach its highest level since the beginning of the Covid-19 pandemic as the effects ...
North Bay Nugget3d
Nipissing MPP Vic Fedeli says deficit hike is necessary to protect families and businesses
“We must pull out all the firepower possible to protect our families and our businesses,” said Fedeli when asked about the ...
Ontario budget 2025: Province projects $14.6-billion deficit amid tariffs
The Ontario government tabled a budget projecting a $14.6 billion deficit as it outlined billions of dollars in measures it ...
Ontario tables tariff-era budget with bigger deficit and bleak economic outlook
Finance Minister Peter Bethlenfalvy presented the government’s 2025 budget, a document dominated by the tariff response and ...
Reuters4d
Ontario expects budget deficit to more than double in face of US tariffs
TORONTO, May 15 (Reuters) - Ontario, Canada's most populous province and manufacturing powerhouse, on Thursday forecast its widest budget deficit since the height of the pandemic, more than ...